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Debt Reperfilment Begins with Exchanges for $11 Billion
Summary by La Silla Vacía
4 Articles
4 Articles
According to the newspaper La República, it is the first of a plan of three operations that aim to kick the debt forward. The post Begins the reperfilment of the debt with exchanges for $11 billion appeared first on La Silla Empty.
The ministerial portfolio added that with this operation the half-life of the domestic debt in pesos increased by 0.2 years, reaching 10.17 years.
The government started a program to alleviate the debt maturities that are concentrated between 2026 and 2027. The first exchange of TES reduced those repayments by COP$19.8 billion, although the operation cost COP$536 billion.
The next debt swaps are scheduled for 29 October and 26 November
·Bogota, Colombia
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Total News Sources4
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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