CAF – Development Bank of Latin America (CAF) is about to celebrate its 50th anniversary. Gabriel Felpeto, chief financial officer at CAF in Bogotá, reflects on the supranational’s evolution as a lender, recaps its emergence as Australia’s first Latin American issuer, and discusses the development of green and social bonds. CAF has been active in the Kangaroo market since 2013, and now has more than A$1.3 billion (US$930.3 million) on issue (see chart).