July 9 (Bloomberg) -- Bancolombia SA, Colombia’s largest lender, sold 500 billion pesos ($240 million) in bonds in the domestic market.

The lender sold three-year fixed-rate securities to yield 7.89 percent, the Colombian Stock Exchange in Bogota said in an e-mailed statement. Bancolombia sold two-year and five-year notes linked to the country’s DTF interbank benchmark rate to yield 1.4 percent and 2.4 percent, respectively.

Bancolombia sold five- and 10-year inflation-linked securities to yield 4.8 percent and 5.74 percent respectively, while selling 10-year debt tied to the central bank’s IBR rate to yield 1.49 percent, according to the statement.

Today’s sale completes Bancolombia’s planned offering of as much as 1.5 trillion pesos.

To contact the reporters on this story: Heather Walsh in Bogota at hlwalsh@bloomberg.net; Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net

Last Updated: July 9, 2009 16:42 EDT