Tag

The sovereign downgrade reflects the deterioration of the public finances with large fiscal deficits in 2020-2022, a rising government debt level, and reduced confidence around the capacity of the government to credibly place debt on a downward path in the coming years.

Colombia's gross general government debt to GDP ratio is forecast to reach 60.8% in 2021, more than double the 30% level when Fitch upgraded Colombia back to the 'BBB' category in 2011.

Further reductions to our growth forecasts for Chile (A/Negative) and Colombia (BBB-/Negative) due to the coronavirus pandemic will mean faster increases in budget deficits and public debt this year, Fitch Ratings says. The ability to develop credible medium-term plans to reverse...

Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening fiscal dynamics have been a...

On April 25, 2019, the Andean region’s banking elite will turn out for the annual Bonds & Loans Latin America Awards at the JW Marriott in Bogotá. Over 380 leading banking executives and their clients will attend the ceremony. Big winners include the Dominican Republic who...

The key sources of the pressure on emerging markets (EMs) over the summer remain in place, Fitch Ratings says in a new report. The impact of tighter US monetary policy, a strengthening dollar, and risks to global trade and growth will continue to be felt in 2019. EM...

The bonds, due in 2045, have a 5% coupon, the lowest rate that Colombia has achieved to date. The Ministry of Housing and Public Credit, Minhacienda, completed a successful bond offering today of $1.5 Billion (US), though there was $5 billion worth of demand from 244...