The government advances in issuing sustainable bonds and meets with investment funds – Business – 09/21/2021

The Uruguayan government is advancing in its goal of designing a sustainable sovereign bonds This is related to environmental indicators, which is why he met with investors yesterday.

Within the framework of the visit of the President of Uruguay, Louis Lacalle Bo to New York to attend the United Nations General Assembly, Minister of Economy and Finance, Azucena Arbeleche He traveled to the United States to meet with more than 30 investment and private equity funds, and they introduced them to the study that the government is preparing to issue bonds. The Chancellor also participated in the meeting, Francisco Bustillo Uruguayan Ambassador to the United States, Andres Duran.

In an interview with Telemundo and Radio Universal, Arbelichi highlighted that if Uruguay could issue a sustainable bond linked to internationally recognized environmental indicators, “it would be very innovative” because so far “no country has issued a bond with these characteristics.”

When asked about the amount, the minister indicated that they are working on it, but he clarified that “instead of determining the amount, we must determine the appropriate indicator by which we will measure ourselves.”

Doran said after the meeting that investors are “very interested” and appreciate the high attendance

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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