News

News

Member News: IDB Invest and Banistmo announce first gender bond in Latin America

IDB Invest

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, and Banistmo, a subsidiary of the Bancolombia Group, announce the issuance of the first social gender bond in Latin America, totaling $50 million with a five-year term. Banistmo issues the bond and IDB Invest structures it and buys 100 percent of it.

Gender Finance