Economy & Business - January 2026

COLOMBIA | Record bond sale. Colombia’s finance ministry carried out the largest bond issuance in the country’s history on 13 January, placing US$4.95bn in bonds. These consisted of US$2bn in bonds falling due in 2029, with a coupon rate of 5.375%; US$1.475bn falling due in 2031 with a coupon rate of 6.125%; and US$1.475bn falling due in 2033 with a coupon rate of 6.50%. The finance ministry said that strong demand for the bonds reflects “good appetite” for Colombian debt and demonstrates investor confidence in the country’s economy. It said that funds raised through the bond issuance will cover “a large part” of financing needs for this year. There were doubts as to how the 2026 budget would be funded, and the government had planned tax hikes to raise an additional Col$16tn (US$4.38bn) this year to cover a budget shortfall. President Gustavo Petro is opposed to spending cuts which might harm the chances of Senator Iván Cepeda, the candidate for the ruling left-wing Pacto Histórico in the May presidential election.

End of preview - This article contains approximately 318 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial