Filed Pursuant to Rule 433

Dated September 20, 2016

Registration No. 333-206207

PRICING TERM SHEET

Corporación Andina de Fomento

U.S.$1,000,000,000 of 2.125% Notes due 2021

Issuer:	Corporación Andina de Fomento
Ratings(1):	Moody’s: Aa3 (Stable) / S&P: AA- (Negative) / Fitch: AA- (Stable)
Security Status:	Senior unsecured notes; not secured by any property or assets; notes rank equally with all other unsecured and unsubordinated indebtedness
Format:	SEC Registered
Currency:	U.S. Dollars
Total Principal Amount:	U.S.$1,000,000,000
Offering Price:	99.811% plus accrued interest, if any, from September 27, 2016
Gross Proceeds (excluding accrued interest):	U.S.$998,110,000
Trade Date:	September 20, 2016
Settlement Date:	September 27, 2016 (T+5)
Maturity Date:	September 27, 2021
Coupon:	2.125% per annum
Spread to Mid-Swap:	+95 bps
Mid-Swap Yield:	1.215%
Benchmark Instrument:	UST 1.125% due August 31, 2021
Benchmark Instrument Yield:	1.190%
Spread to Benchmark Instrument:	+97.5 bps
Yield to Maturity:	2.165%
Interest Rate Payment Frequency:	Semi-annual
Interest Payment Dates:	March 27 and September 27, with first interest payment date on March 27, 2017
Interest Rate Basis:	30/360
Business Day Convention:	Modified Following, Unadjusted
Redemption Provisions:	Notes may not be redeemed prior to September 27, 2021
Sinking Fund Provisions:	No sinking fund provisions
Form:	Global note held by depositary or the depositary’s custodian

Denominations:	Denominations of U.S.$1,000 and integral multiples of U.S.$1,000 in excess thereof
Clearing:	DTC / Euroclear / Clearstream
Joint Book-Running Managers:	Barclays Bank PLC Citigroup Global Markets Inc. HSBC Securities (USA) Inc. Merrill Lynch, Pierce, Fenner & Smith                      Incorporated
Names and Addresses of Representatives:	Barclays Bank PLC 5 The North Colonnade Canary Wharf London E14 4BB United Kingdom Citigroup Global Markets Inc. 388 Greenwich Street New York, NY 10013 HSBC Securities (USA) Inc. 452 Fifth Avenue New York, NY 10018 Merrill Lynch, Pierce, Fenner & Smith                      Incorporated One Bryant Park New York, NY 10036
Governing Law:	State of New York
Listing:	Application will be made to admit the notes to the official list of the United Kingdom Listing Authority and to the regulated market of the London Stock Exchange
CUSIP/ISIN:	ISIN: US219868BX31 CUSIP: 219868 BX3

⁽¹⁾ These securities ratings have been provided by Moody’s, S&P and Fitch Ratings. These ratings are not a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time, and should be evaluated independently of any other rating.

This communication is intended for the sole use of the person to whom it is provided by the issuer.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Bank PLC at +1 (888) 603-5847, Citigroup Global Markets Inc. at +1 (800) 831-9146, HSBC Securities (USA) Inc. at +1 (866) 811-8049, or Merrill Lynch, Pierce, Fenner & Smith Incorporated at +1 (800) 294-1322.

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