Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Colombia Said to Plan $1 Billion Offering of 10-Year Bonds

Don't Miss Out —
Follow us on:

Jan. 22 (Bloomberg) -- Colombia plans to sell $1 billion of 10-year bonds abroad as soon as today in its first dollar offering in a year, according to a person familiar with the sale.

The South American country plans to issue the securities to yield 0.88 percentage point above Treasuries, said the person, who asked not to be identified because terms aren’t set. The yield on Colombia’s bonds maturing in 2021 rose 0.05 percentage point to 2.39 percent after touching a record low 2.22 percent in October, according to data compiled by Bloomberg.

Banco Davivienda SA, Colombia’s third-biggest bank, is also selling bonds abroad. The bank may sell $500 million of five-year notes to yield 2.25 percentage points above Treasuries, according to a person familiar with the offering.

BBVA Banco Continental SA, a Peruvian lender, plans to sell $300 million of bonds as soon as today, according to a person familiar with the sale. The securities, due in 3 1/2 years, may yield 1.95 percentage points above Treasuries, said the person, who asked not to be identified because terms aren’t set.

In Mexico, retailer Grupo Famsa SA plans to sell $40 million of one-year bonds as soon as next week, said a person familiar with the sale who asked not to be identified because terms aren’t set.

To contact the reporter on this story: Veronica Navarro Espinosa in New York at vespinosa@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.