Banks, the largest buyers of treasury securities in Colombia

The Directorate of Public Credit of Colombia revealed that sovereign bonds transactions were $1.2 billion (COP 4.57 billion) in February. Local banks were the largest buyers with $439 million (COP 1.6 billion), followed by pension and severance funds ($412 million/COP 1.5 trillion). The Colombian Ministry of Finance was the third-largest buyer ($357 million/ COP 1.3 billion).

Colombia’s bonds tumble as credit rating worries mount

Colombia's dollar-denominated bonds fell on Friday to their lowest in eight months as a government financial health warning fanned worries the country could lose its prized investment-grade credit rating awarded a decade ago. With markets still digesting the news and also suffering broader global pressure, Colombia's 2029 and 2030 maturity bonds dropped by 1.2 cents and 2 cents, respectively.