Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Colombia Yields Fall on Slowing Inflation Outlook; Peso Declines

Colombia’s peso bond yields declined for a third day on speculation inflation slowed last month below the central bank’s target range, supporting appetite for the fixed-rate securities.

Yields on peso bonds maturing in 2024 decreased two basis points, or 0.02 percentage point, to 4.97 percent at the close of trading in Bogota, matching the record low reached on Feb. 22, according to the central bank.

“The market is pricing in low inflation,” Jorge Cardozo, an analyst at Corredores Asociados brokerage in Bogota, said in a phone interview. “Inflation will likely be the driver today and tomorrow ahead of the report.”

Annual inflation slowed to 1.89 percent in February, according to the median forecast of 23 economists surveyed by Bloomberg before tomorrow’s government report. The rate slowed to 2 percent in January, at the bottom of the bank’s target range of 3 percent plus or minus one percentage point.

Inflation cooled even as the central bank lowered the target rate by 1.5 percentage points beginning in July, the most among emerging markets after Hungary.

The peso depreciated almost 0.1 percent to 1,813.60 per U.S. dollar. It has dropped 2.6 percent this year.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.