Filed Pursuant to Rule 433

Dated October 31, 2017

Registration No. 333-217434

PRICING TERM SHEET

Corporación Andina de Fomento

U.S.$1,000,000,000 of 2.750% Notes due 2023

Issuer:	Corporación Andina de Fomento
Issuer Ratings(1):	Moody’s: Aa3 (Stable) / S&P: AA- (Stable) / 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:	99.773% plus accrued interest, if any, from November 7, 2017
Gross Proceeds:	U.S.$997,730,000
Trade Date:	October 31, 2017
Settlement Date:	November 7, 2017 (T+5)
Maturity Date:	January 6, 2023
Coupon:	2.750% per annum
Spread to Mid-Swap:	+70 bps
Mid-Swap Yield:	2.098%
Benchmark Instrument:	UST 2.00% due October 31, 2022
Benchmark Instrument Yield:	2.012%
Spread to Benchmark Instrument:	+78.6 bps
Yield to Maturity:	2.798%
Interest Rate Payment Frequency:	Semi-annual
Interest Payment Dates:	January 6 and July 6, with first interest payment date on January 6, 2018 (first short coupon)
Interest Rate Basis:	30/360
Business Day Convention:	Modified Following, Unadjusted
Redemption Provisions:	Notes may not be redeemed prior to January 6, 2023
Sinking Fund Provisions:	No sinking fund provisions
Form:	Registered. 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 Deutsche Bank Securities Inc. HSBC Securities (USA) Inc.

-1-

Names and Addresses of Representatives:	Barclays Bank PLC 5 The North Colonnade Canary Wharf London E14 4BB United Kingdom Deutsche Bank Securities Inc. 60 Wall Street New York, NY 10005 HSBC Securities (USA) Inc. 452 Fifth Avenue New York, NY 10018
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:	CUSIP: 219868 BZ8 ISIN: US219868BZ88

⁽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 U.S. Securities and Exchange Commission (“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 Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you a copy of the prospectus if you request it by calling Barclays Bank PLC toll-free at +1 (888) 603-5847, Deutsche Bank Securities Inc. toll-free at +1 (800) 503-4611 or HSBC Securities (USA) Inc. toll-free at +1 (866) 811-8049.

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR AFTER THIS MESSAGE ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

-2-