November 13, 2007
Titularizadora Colombiana has issued COP312bn ($152m) in TIPS mortgage-back
Titularizadora Colombiana has issued COP312bn ($152m) in TIPS mortgage-backed securities, it said in a statement. Titularizadora sold COP224bn in a10.34% 2017 tranche, COP61bn in a11% 2022 tranche, COP23bn in a12% 2022 tranche and COP4bn in a 13% 2022 tranche. The issue was the Colombian secondary mortgage market company's fifth backed by fixed-rate mortgage loans in pesos, and consists of loans from local banks Bancolombia and BCSC.