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The Colombian peso appreciated despite falling oil prices and the global stability of the US dollar.

The offer targets a dozen outstanding series of Colombia’s global bonds with maturities spanning from 2027 to 2061.

Bondholders must submit tenders via direct participants in DTC, Euroclear, or Clearstream; no guaranteed delivery or transmittal letter provided.

Bancolombia says the central bank’s caution reflects complex financing, global trade uncertainty, and US policy instability.

CARF warns the government’s fiscal plan may be overly optimistic and insufficient to fully address fiscal challenges.

Breaking the fiscal rule without extraordinary cause may risk overspending, mounting debt, and a blow to Colombia’s economic credibility.

Funds will cover non-investment expenses per MHCP resolution and 2025 plan, aiding Gross Debt/EBITDA target.

Ecopetrol says the loan will primarily be used to pay existing debt.

Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of...

Ongoing progress to adopt Basel III standards in Colombia should improve both the credit profiles and capital adequacy of banks, said Fitch Ratings