With the support from BNDES, CAF and BNP Paribas are preparing an infrastructure investment fund that will channel funds from institutional investors to finance projects by issuing bonds in capital markets.

Within 60 days, both institutions will announce the Fund structure, in accordance with the rules of the BNDES Credit Funds, disclosed yesterday with Anbima.

Geared to public managers and professionals in the area, the publication serves as support material for the choice and implementation of collective public transport systems.

The need for the constitutional provision for credit risk observed in the previous year was not repeated in the first quarter of 2018 and culminated in the reduction of such expense by R$ 2.21 billion.