*Peru’s development bank (Cofide) has issued the country’s first ever blue bond for PEN100m (US$26.6m). The funds raised from the one-year bond will be used to finance projects that improve access to potable water and sanitation in rural and semi-urban areas. Cofide announced that total demand for the bond was PEN217m, nearly 2.2 times greater than the amount placed. The coupon rate is 4.718%, which Cofide said is the lowest rate on any short-term local currency bond issued by Peru this year.
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