Yields on Colombian TES bonds rise
Yields on Colombian government peso-denominated treasury bonds, or TES, sold Wednesday on the primary market, rose as investors are concerned about this year’s deficit. The Colombian Treasury sold COP389 billion…
Yields on Colombian government peso-denominated treasury bonds, or TES, sold Wednesday on the primary market, rose as investors are concerned about this year’s deficit. The Colombian Treasury sold COP389 billion…
Colombia’s benchmark IGBC stock index fell 0.6% on Tuesday, dragged down by a weak U.S. market and lower crude prices. Shares in state-controlled oil firm Ecopetrol fell 1% to COP2,445…
Venezuela’s devaluation of its currency will further complicate its troubled commercial relationship with neighboring Colombia, where the economy is already suffering from a breakdown in cross-border trade. President Hugo Chavez…
The Colombian peso appreciated for a fifth straight day on Friday, lifted by a belief that the Colombian government is selling dollars, and as worse-than-expected U.S. employment sent the greenback…
The Colombian peso appreciated Wednesday to its strongest level in more than a month as market players speculated the government has started to sell dollars, while the Central Bank has…
The Colombian peso strengthened on Monday, taking its cue from the Brazilian real. The peso closed at COP2,035 against the dollar, compared with COP2,044 on Thursday, as the Brazilian currency…
Colombian bond yields rose on Monday and the peso weakened to its lowest level since Sept. 2 after government gross domestic product data showed an economy still struggling to recover…
The Colombian peso weakened to COP2,020 against the dollar on Thursday, from COP2003.80 at Wednesday’s close, as the dollar firmed against its major rivals. The Colombian central bank’s announcement in…
Colombia’s benchmark IGBC stock index rose 0.78% on Wednesday to another all-time high of 11,683.43 points. The rally is being driven by low interest rates, higher world markets and local…