Credit Suisse Switches Colombia Exposure

Credit Suisse Switches Colombia Exposure


Credit Suisse has said it is switching its Colombia exposure as the country's sovereign curve "looks somewhat steep" versus comparable sovereigns. In a research note, the Bank commented that the long end of the Colombia curve has been lagging the 10-year sector in recent weeks and explained that the underperformance was partly due to the recent retap of the 2037 global issue, which had widened to the 2014 bonds by almost 20bps during the past month. The Bank said it plans to cover its short posi

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