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CAF Returns to Colombia Debt

Dec 17, 2008

CAF has returned to Colombia’s local market with an oversubscribed bond issue at apparently attractive levels. It issued Tuesday COP245bn ($110m) total, split between an 11.25% of 2013 and an 11.79% of 2018. Pricing was equivalent to 65bp over...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management