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Colombia Plans Green Bond Debut to Pave Way for More Local Sales

  • Nation will sell at least 500 billion pesos of bonds Sept. 29
  • Public credit director Cesar Arias speaks in interview
Peso Bond Inflows

Colombia is set to become the first government in Latin America to sell green bonds in the local market in a debut offering this month, according to a finance ministry official. 

The Andean nation will offer at least 500 billion pesos ($132 million) of securities due in 10 years on Sept. 29, public credit director Cesar Arias said in a video interview. Depending on demand, the government may sell as much as 750 billion pesos, he said.