FNG to add to bond support program

FNG to add to bond support program

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Colombia

Colombia's national guarantee fund Fondo Nacional de Garantia (FNG) plans to expand its support program for bond sales by small and medium-sized enterprises (SMEs) to COP1 trillion ($254 million), according to press reports.  The fund could also become permanent and consider increasing guarantees to up to 70% of for each bond issue, local business news service Valora Analitik quoted President Raúl Buitrago as saying.  Formed during the COVID-19 pandemic, FNG has supported COP870 billion in bond

Already have an account?

Free trial

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

Free Trial