Colombia reaps rewards for biding time despite credit concern

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Colombia reaps rewards for biding time despite credit concern

Colombia, Bogota, La Mariposa, barrio, Coronavirus, Covid-19, LatAm, 575
Soldiers from the Military Police Battalion during a cleaning, disinfection and spraying session in the La Mariposa Mariposa sector to counter the spread of the corona virus, COVID 19 on May 23, 2020 in Bogota, Colombia. (Photo by Daniel Garzon Herazo/NurPhoto) | Daniel Garzon Herazo/NurPhoto/PA Images

Colombia may have arrived late to the coronavirus-era Latin American sovereign bond market party, but the wait paid off on Monday as the sovereign notched a dual tranche $2.5bn issue that included its lowest ever coupon on a long dated bond.

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