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Latin America's CAF Floats $1B Bonds To Push Development

By Tom Zanki (January 23, 2015, 1:30 PM EST) -- CAF, Latin America's development bank, has issued $1 billion in three-year bonds priced at a floating rate 0.55 percent above the three-month Libor average, hoping to jumpstart development on a continent coping with plunging commodity prices....

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