The Colombian government carried out its first peso-denominated TES bond auction Wednesday, with demand four times higher than the amount sold. The yield on the TES due 2014 stood at 6.499%, the Finance Ministry said in a...
Read MoreThe Colombian government doesn’t expect an increase on its debt issuance or a hike in its fiscal deficit as it seeks to bolster spending to tackle devastating floods that have lashed the country, Finance Minister Juan...
Read MoreColombia’s government Tuesday reset its annual minimum wage increase, changing it to a 4.0 percent hike rather than 3.4 percent after labor unions complained that higher-than-expected inflation data rendered the original...
Read MoreColombia’s government is speeding up plans to sell a 10% stake in state-owned oil company Ecopetrol SA (EC, ECOPETROL.BO) because it needs the revenue to pay for reconstruction of highways, roads and bridges damaged by...
Read MoreColombian stocks are showing signs of fatigue early in 2011 after rallying 33% in 2010 and 53% in 2009, as some investors take to the sidelines over concerns the country’s economy is slowing and shares are overpriced....
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