ASUNCIÓN - IDB Invest issued its eighth local‑currency bond in the Paraguayan capital market for a total amount of 180 billion guaraníes (approximately US$ 28 million), continuing to reinforce its long‑standing commitment to develop local capital markets and expanding access to long‑term financing in guaraníes. 

The proceeds of this issuance will fund IDB Invest’s senior loan to Banco Familiar, supporting the expansion of credit for microentrepreneurs and small businesses in Paraguay. The financing focuses on promoting financial health, which recognizes not only simple access to financial services but also the ability of individuals to use those services effectively to improve their well-being, manage their daily finances, cope with unforeseen events, and achieve their long-term goals.  

The bond, issued for a total amount of 180 billion guaraníes, has a six-year tenor and was placed with a diversified base of local institutional investors. Cadiem acted as dealer for the transaction.

This issuance builds on IDB Invest’s strong track-record in Paraguay’s capital markets. Since becoming the first multilateral development bank to issue local‑currency bonds in Paraguay, IDB Invest has established itself as a recurring issuer in the local markets, contributing to the development of the country’s capital markets.

“Issuing in local currency is not just a financing choice; it is a development strategy. Through our eighth-bond issuance in Paraguay, we are mobilizing domestic capital to strengthen the financial systems and support institutions like Banco Familiar in expanding credit for microentrepreneurs and small business, a cornerstone of inclusive and sustainable growth,” emphasized Orlando Ferreira, IDB Invest’s Chief Financial Officer.

Local currency financing is central to IDB Invest’s business model. It strengthens the capacity of its clients, such as Banco Familiar, to deliver solutions tailored to the needs of microentrepreneurs and small businesses. By mobilizing domestic savings through local capital markets, IDB Invest also helps deepen the financial system, a backbone for accessing long‑term, local currency financing that supports productivity, growth, and economic growth.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About Banco Familiar

Banco Familiar S.A.E.C.A. is a Paraguayan financial institution focused on expanding access to financial services for microentrepreneurs, small businesses, and individuals. Founded in 1967, the institution evolved from a credit union into a financial intermediary and later became a bank, developing a national presence and a broad range of financial products and services. Banco Familiar plays an important role in promoting financial inclusion and financial health in Paraguay through lending and tailored financial solutions.

About CADIEM

CADIEM Casa de Bolsa S.A, has been in the Paraguayan Stock Market for 20 years, was founded in 2003 at the very beginning of the stock market in 2003, with the aim of contributing to its development through the offer of various products and financial services. A benchmark in the market, with the largest portfolio of investors in the country and a broad portfolio of products, it seeks to improve people's quality of life through savings, investment, and personal finance education.