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5.3

Colombia Ministry of Finance executes $900 billion TES auction with 2.5x bid-to-cover ratio

The Colombian Ministry of Finance successfully auctioned $900 billion in short-term TES (Treasury bonds), attracting $2.3 trillion in bids. The high bid-to-cover ratio indicates strong institutional demand for local currency sovereign debt despite current market volatility.

La República1 day agoCOCredibility 38%View source

Score Breakdown

Mosaic Score5.3
Confidence0.9
Significance0.5
Source credibility0.4

Intelligence Tags

Locations

Bogota

Entities

country
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