Titularizadora Colombiana Places MBS

Titularizadora Colombiana Places MBS

Structured Finance

Colombian securitization shop Titularizadora Colombiana has sold COP236bn ($100m) worth of MBS locally with institutional investors. The 2018 notes have an average life of 2.2 years and were priced at par to yield 5.99% over the UR inflation-linked index, says Mauricio Amador, vp of finance at Titularizadora. The rate was determined through an auction held Wednesday, whose maximum level was 6.50%. The notes are backed by mortgages originated by Bancolombia, AV Villas, Colmena and Davivienda. Hal

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial