November 29, 2006
Colombia is planning to issue $1.25 billion worth of global, local-currency
Colombia is planning to issue $1.25 billion worth of global, local-currency bonds next year, according to Dow Jones. On Tuesday, Congress approved government plans to issue peso-denominated global bonds, which may replace peso bond issuances planned in the local markets. Congress also approved an issuance of Samurai bonds worth up to $500 million. Colombia has already sold $2 billion of international bonds to satisfy next year's financing plans.