Cofide raised resources from the capital market for an amount of S/125 million within one year, in a new issue aimed at channeling funds towards programs with social impact that contribute to improving the financial health of people and businesses.
The operation was executed as part of the fourth issuance of Social Short-Term Instruments (ICP) – Series A, with an interest rate of 4.4375% and a spread of 45.75 basis points, the lowest observed in the local capital market during the last quarter of 2025.
This result reflects highly competitive financial conditions and Cofide’s solid credit positioning.
As for creditors, the placement was mostly absorbed by institutional investors, highlighting the participation of the AFPs, which concentrated 81% of the amount awarded, followed by public sector entities (17%), as well as insurance companies, EPS and financial institutions.
Social impact
The resources obtained will be used to finance and refinance programs with social impact, mainly aimed at facilitating access to financing and promoting financial inclusion, in line with the Cofide Thematic Bond Framework.
With this operation, Cofide continues to consolidate itself as a recurring issuer of thematic instruments in the local market, accumulating nine local issues for more than S/985 million—five social, one sustainable, one green and two blue—, in addition to two international issues (one social and one sustainable) for a total of US$700 million.
Local social emissions have made it possible to directly benefit nearly 320 thousand people, through access to productive credits and the improvement of basic services in better financial conditions, with approximately 50% of the beneficiaries being women, with an important focus on the interior of the country.
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