Colombia to swap local ’10-’18 bonds with new ’13-’24 ones
The Colombian treasury Wednesday offered to swap as much as 46 trillion Colombian pesos (US$23.35 billion) worth of existing bonds maturing between 2010 and 2018 with new bonds maturing in…
The Colombian treasury Wednesday offered to swap as much as 46 trillion Colombian pesos (US$23.35 billion) worth of existing bonds maturing between 2010 and 2018 with new bonds maturing in…
Colombia’s largest financial holding company, Grupo de Inversiones Suramericana SA, plans to sell 250 billion Colombian pesos (US$127 million) worth of local bonds Wednesday to finance the acquisition of the…
Colombian authorities in September approved permits for construction on 33% less area than in the same month of 2008, according to government figures. Permits covering 1.20 million square meters were…
Colombia’s peso slipped against the U.S. dollar on Tuesday following an unexpected interest-rate cut by the Colombian central bank late Monday. The rate was cut to 3.5% from 4%, and…
Colombia on Tuesday launched the Grameen Aval Colombia Corporation – a bank dedicated to the country’s poorest communities. The new initiative was begun in June this year and formed through…
Colombia’s central bank on Monday said it cut its key overnight interest rate 50 basis points to 3.5 percent, citing a reduction in trade with Venezuela and low economic activity…
The Colombian opposition Liberal Party proposed that the government bail out Colombians affected financially by the ongoing tensions with neighboring country Venezuela. Colombians exporters are owed money by Venezuelan investors…
Colombian retail sales fell 7.3% in September from the same month last year, according to official data released Wednesday. The National Statistics Department, known as DANE, said sales of cars…
Physical trading in the Colombian cash arabica coffee market continued at a slow pace this week as premiums rose on growing supply concerns over a disappointing main 2009-10 harvest, exporters…