Home Mortgage Bank (HMB) has won the Real Estate Finance Deal of the Year from the Bonds, Loans & ESG Capital Markets Latin America & Caribbean. The prestigious title was bestowed on Tuesday November 28, 2023, in Miami.
The award recognizes our collaboration with the IDB Invest, a member of the IDB Group, for the issuance of the first Social Bond within Trinidad and Tobago and the Caribbean Region. The Social Bond was issued for TT$300 million with a tenor of five (5) years and is aligned with the Social Bond Principles published by the secretariat of the International Capital Market Association. It has been certified by a Second Party Opinion (SPO) from Standard and Poor’s (S&P).
HMB remains committed to excellence and continuously strives to provide cutting-edge financial solutions with financial returns at very competitive rates, with added social benefits. We are truly honored to receive this prestigious award and thank all our stakeholders for their continued support and trust.
About the Social Bond
A Social Bond is an investment instrument created to facilitate the eradication/mitigation of social challenges. HMB’s Social Bond is aligned with the Social Bond Principles and the United Nations Sustainable Development Goals. The bond issuance will contribute towards supporting the Government of Trinidad and Tobago’s affordable housing programme administered by the Trinidad and Tobago Mortgage Finance Company Limited (TTMF).