Colombia Sells $200m in Local TES Debt

Following its $1bn Tuesday reopening of Global 2017s and 2037s, Colombia has sold COP400bn ($199.9m) in local treasury bonds. It priced COP91.9bn in 2020 notes and COP81.9bn in 2015 notes at 10.45%, COP119.1 in 2013 notes at 10.44% and COP96.1bn in 2009 notes at 10.12%. Demand reached COP1.37trn, the government says. The sale was the first of what the finance ministry said will be COP12trn in TES notes sold this year.