iibCV, through the Cape Verde Stock Exchange (BVC), has successfully issued a Derivative for the second time in the Cape Verde Capital Market. This Derivative, titled “CREDIT LINKED NOTES – iib PRAE – ECONOMIC RESTRUCTURING AND SUPPORT PROGRAM Series B (4% TANB) – 2023 | 2027,” with a nominal value of 5,000,000 escudos each, has reached a total amount of 145,000,000 escudos (equivalent to 1.32 million euros).

The issuance of the Credit Linked Note (CLN) primarily aims to enable economic agents to efficiently adjust their financing structure and democratize access for qualified investors, offering a superior risk-adjusted return. This milestone demonstrates the investors’ confidence in iibCV and the Cape Verdean economy, allowing investors to participate in restructuring and economic support initiatives, contributing to the sustainable development of the country. iibCV reinforces its commitment to economic growth and the capital market by providing innovative financial solutions for economic agents and qualified investors. We hope that this CLN issuance marks the beginning of many other successful initiatives that will help drive the economic development of Cape Verde.

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