Banco Latinoamericano de Comercio Exterior (BLX) said Monday it has issued new Cebures in the Mexican capital markets amounting to 4 billion Mexican pesos ($215.2 million).

The notes have a 3 year tenor at a floating-rate of one-day TIIE de Fondeo plus 59 basis points, the company said.

Proceeds will fund new initiatives in Mexico and across Latin America and the Caribbean.