Colombian Bank Plans Domestic Issue

Colombia’s Banco de Occidente plans to issue COP300bn ($168m) in the domestic bond market, according to a source familiar with the bank’s plans. The unit of Grupo Aval is expected to choose from a 3-year DTF-linked tranche, and 10-year and 15-year IPC-linked tranches. InterBolsa is leading the deal, which is expected on August 9.