Skip to content

Colombia Taps Local Green Bond Market Again to Meet ESG Demand

  • Country to offer up to 975 billion pesos of the debt Oct. 27
  • Yields on the green bonds trade lower than 2031 counterpart
Colombia's green bonds outperform conventional debt

Colombia is selling green bonds again, a month after its debut domestic offering handily outperformed in the secondary market amid appetite for securities designed to help the environment.

The Andean nation will offer at least 650 billion pesos ($170 million) more of the 10-year notes on Oct. 27, Public Credit Director Cesar Arias said in an interview. Depending on demand, the government may sell as much as 975 billion pesos of the securities, which will fund renewable energy, water management, clean transport and efforts aimed at curbing climate change.