Colombia Floats $350 Billion (COP) In UVR Denominated Treasury Notes
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As part of their public debt program, Colombia auctioned $350 billion in treasury notes, denominated in UVR (Units of Real Value), with maturities of 5, 10 and 20 years. The placement corresponds to 1.616 billion UVR. The yield on the issue is 1.83% for 5 year maturities, 2.65% for 10 year maturities, and 3.93% for 20 year notes. The auction was oversubscribed by 149%, or $520 billion pesos.
Offering details:
| Term (Years) | 5 | 10 | 20 |
| Maturity Date | 17 April 2019 | 10 March 2021 | 25 March 2033 |
| Coupon Rate | 3,50% | 3,50% | 3,00% |
| Yield | 1,830% | 2,650% | 3,930% |
| Offering | 471,000,000 UVR | 781,000,000 UVR | 1,148,000,000 UVR |
| Offering Value | $102,000,000,000 | $169,000,000,000 | $248,000,000,000 |
| Approved Amount | 383,000,000 UVR | 600,000,000 UVR | 633,000,000 UVR |
| Approved Value | $83,000,000,000 | $130,000,000,000 | $137,000,000,000 |
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