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EPM Raises COP500bn Locally

Dec 15, 2010

Colombian utility Empresas Publicas de Medellin (EPM) has issued COP500bn ($264m) in local bonds in 3 tranches, all priced at par. A 6-year tranche has a coupon of...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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