Foreign investors cut Colombian government bond holdings

Foreign investors cut Colombian government bond holdings

Bonds Debt Capital Markets Corporate & Sovereign Strategy Asset Management Economy & Policy Fixed Income Funds Colombia US

International investors held COP3.34tn ($987m) in Colombian government bonds at the end of August this year, a 3.34% drop on the same month last year, according to a report from local bank Davivienda. "There is risk aversion appetite right now as investors shift to US Treasury notes," Laura Vargas, a fixed-income analyst at Davivienda, told LatinFinance. As central banks around adopt more dovish monetary policies, interest rates in Colombia are not likely to come down any time soon, which has bo

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