Colombia Hacienda swaps COP 10.3T debt, extends maturities at COP 467B cost

Colombia's finance ministry executed a debt swap of COP 10.3 trillion, converting short-term maturities into longer-dated instruments at a cost of COP 467 billion. The operation reduces near-term refinancing pressure but adds to the country's interest burden, signaling fiscal strain. The move is part of ongoing liability management amid tight fiscal conditions.

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