Colombia ends 2020´s public debt auction program with $270 mn bid

The Ministry of Finance of Colombia announced that the auction program for Treasury Securities (TES) 2020 ended “satisfactorily” with the bid for $269.5 million in maturities for 2027, 2034 and 2050. This auction received offers for $ 525 million, 2.96 times the amount initially called. “Solid demand enabled the activation of 50% over-allotment clauses, $89.8 million additional to the initially auctioned amount of $179.7 million,” said the Government.

Source: Valora Analitik