International travellers shrank by 75% in Colombia

In the first quarter of 2021, international travellers to Colombia dropped by 75.2%, compared to the same period last year. Likewise, Colombians travelling abroad decreased by 41.1%, reported the Colombian Association of Travel and Tourism agencies. Border closures, travel quarantine, slow vaccination rates and spikes in cases, among other factors, have contributed to this reduction.

Colombia issued $3 billion in international bonds

Today, the Colombian Ministry of Finance carried out its largest financing operation. It issued both $2 billion in 11-year maturing bonds with a 3.356% yield rate and $1 billion 20-year maturing bonds at 4.235%. The operation attracted purchase orders for a total of $ 10.2 billion, 3.4 times higher than the amount issued. According to the government, the capital will be allocated in the General Budget of the Nation for the period 2021.