Colombia: Bond Yield Falls

Colombia’s benchmark 10-year peso bond yield declined at a government auction Wednesday to 11.74 percent from 12.1 percent at an auction two weeks ago. The government sold all $107 million of the 10-year, six-year, five-year, three-year and one-year securities it offered. Colombia plans to sell between $900 million and $1.2 billion worth of peso-denominated bonds in the domestic market in the second quarter, after selling $1.4 billion of the securities in the first quarter.