• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Economy Ministry rolled over 107% of maturities and absorbed pesos from the market

FinanceInternationalInfobae30 s readAI summary
Image: Infobae

The Finance Secretariat awarded $11.56 trillion in Wednesday's auction after receiving bids for $15.79 trillion, a rollover of 106.99% of the day's maturities. Demand concentrated in TAMAR bonds (43% of the amount awarded) and in the dollar-linked note (22%). Analysts at Adcap and IEB viewed the operation favorably given the rates obtained and the extension of maturities beyond 2027, which reached 30% of the amount placed.

In 30 seconds

  • Finance awarded $11.56 trillion against bids of $15.79 trillion: a 106.99% rollover
  • TAMAR bonds accounted for 43% of the amount awarded and the dollar-linked note for 22%
  • 30% of the amount placed matures after 2027, versus 60% in the previous auction
Read the full story at Infobae

IASummary generated by artificial intelligence from a story by Infobae. It may contain errors: the original source prevails.

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