We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.
Bond Market News
Colombia’s President-Elect Targets Debt Refinancing
July 3, 2026
– Amruth S
Colombia’s President-elect Abelardo de la Espriella said that his incoming administration intends to refinance the nation’s public debt. Ahead of his August 7 inauguration, he has instructed Finance Minister-designate Miguel Gómez to initiate talks in Washington with international banks and multilateral institutions. The focus of the talsk will be on extending maturities and lowering interest rates, thereby easing fiscal pressure.This follows the outgoing Gustavo Petro administration, during which Colombia’s deficit expanded to 6.4% of GDP in 2025. To manage this shortfall, the previous government relied on local debt issuance and other unconventional strategies like large-scale bond buybacks and a Swiss franc total return swap. De la Espriella aims to restore investor confidence by cutting taxes, reducing public expenditures, and reviving oil exploration.
Colombia’s 8% 2035s were up 0.3 points to 110.2, yielding 6.5%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
Credit rating boost for Ireland & Portugal: EU inches towards recovery
September 20, 2017
China Refutes S&P Downgrade Action
September 26, 2017
Mongolia’s Credit Ratings Upgraded to B3 by Moody’s
January 19, 2018
Our Awards
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.