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Finandina Places Domestic Debt
Colombia’s Banco Finandina has sold COP72bn ($40m) in domestic bonds, after garnering some COP97bn in demand. A COP41bn 2013 tranche pays the IBR+2.09%, a COP12bn 2014 piece pays IBR+2.50%, and a COP19bn 2016 inflation-linked portion pays 4.20%. Corredores Asociados led the sale, rated AA+ on a national scale.
