Heat the oven to 350 degrees. Prepare a mold with water for a bain-marie. Leave apart.

Prepare the caramel: In a microwave-safe mug, mix the sugar and caramel water and microwave on high for 5 to 7 minutes. Until the caramel forms. Immediately pour into a 9” pan.

In a medium saucepan add the milk with the sugar, butter, cinnamon, anise and cook at medium heat until boiling. Strain removing the cinnamon sticks and anise and let cool.

In a large container add the eggs, cinnamon, vanilla and mix. Add the milk, bread and raisins. Mix and pour into the mold with caramel.

Bake for 1 hour in a bain-marie. Let cool, unmold and decorate to your liking.