Part of series developed by UN Women and the Luxembourg Stock Exchange with the support of Luxembourg Aid & Devlopment, this case study features two social bonds ($150 M USD in 2020 and $175 M in 2021) issued by Fondo Especial para Financiamientos Agropecuarios (FEFA), a public development bank in Mexico, and listed on the BIVA stock exchange. A social bond is a type of use of proceeds (UoP) gender bond, which directs the bond proceeds toward the economic activities of identified investees. Proceeds from these bonds were used to finance or refinance loans for projects involving women or led by women in the agriculture, fishing, forestry, agri-food, and rural sectors.