Colombia $600M bond sale delayed by expensive peso
Colombia’s government delayed its sale of $600 million in over-seas bonds with the expectation that the peso will weaken past 1,900 pesos to the dollar, Bloomberg reported on Sunday.
Colombia’s government delayed its sale of $600 million in over-seas bonds with the expectation that the peso will weaken past 1,900 pesos to the dollar, Bloomberg reported on Sunday.
Colombia has reduced its foreign borrowing plan by $1 billion in a bid to tame its currency, announced the Ministry of Finance Wednesday. Finance Minister Mauricio Cardenas told reporters he…
Colombian bank Banco Popular is preparing a 250-billion-peso ($137 million) local bond sale Wednesday, said Alianza Valores, a Bogota brokerage firm arranging the sale. Banco Popular, which is backed by…
The president of Colombia’s second biggest bank predicts a 20% growth in assets for 2012, in an interview with financial magazine Dinero. Bank president Alejandro Figueroa predicted that the Colombian…
The telecommunications unit of Colombian state utility company Empresas Publicas de Medellin SA, or EPM, said it issued 300 billion pesos ($157 million) worth of inflation-indexed bonds in the local…
Shareholders of Colombian utility Empresa de Energia de Bogota (EEB) authorized on Friday the issuance of foreign bonds of up to $610 million to repurchase existing debt. EEB said that…
The Colombian government auctioned peso-denominated TES bonds Wednesday, with yields declining across the board from the previous sale as inflation concerns continue to decline. The government sold TES bonds due…
The Colombian Ministry of Finance announced the release of $2 billion in global bonds to international markets, news site LA F.m reported Tuesday. The ten-year bonds will mature in July…
The Bancolombia board of directors gave the go-ahead to the issuance of up to $1 billion in ordinary bonds over a 10 year period, local media reported Tuesday. According to…