Findeter Issues COP Bonds

Colombian state-owned development finance agency Findeter has issued COP289.7bn ($160m) the Colombian domestic bond market, through a 3-tranche deal that saw nearly COP446bn in total demand. It sold COP99.7bn in 2014 bonds at DTF+1.27%, COP91.5bn in 2016s at DTF+1.55%, and COP98.5bn in 2018s at DTF+1.71%. Findeter managed the sale itself, rated AAA on a national scale.