Colombia prints $2.5 bln in cross-border bonds

Colombia prints $2.5 bln in cross-border bonds

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Colombia Latin America

Colombia said on Monday that it sold $2.5 billion worth of bonds in a two-part deal that was more than five times oversubscribed.  The sovereign issuer sold $1 billion in new 2031 bonds at 99.637 with a coupon of 3.125% to yield 3.165%, or 250 basis points over US Treasury notes. It also priced $1.5 billion worth of 2051 bonds at 98.676 with a coupon of 4.125% to yield 4.202%, or 275 basis points over US Treasuries. It is expected to settle the new notes on June 4.  Investors placed more than $1

Already have an account?

Free trial

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

Free Trial