By Reuters Staff
(Updates following bond issue)
BOGOTA, April 19 (Reuters) - Colombia on Monday issued $3 billion in global bonds with 11-year and 20-year placements in an over-subscribed offering, the Ministry of Finance said.
The Andean country issued $2 billion in bonds due in 2032, which have a yield of 3.356%, and $1 billion in bonds due in 2042, which have a yield of 4.235%, the ministry said in a statement.
The bond issue saw demand for $10.2 billion, more than three times the amount offered, the ministry added.
“The positive results from this issue demonstrate national and international markets’ solid support for Colombia’s commitment to the stability of public finances, sustainability of social programs, and the strengthening of the fiscal rule,” public credit director Cesar Arias said in the statement.
Colombia sells $3 bln in global bonds, sees solid demand
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UPDATE 1-Colombia sells $3 bln in global bonds, sees solid demand
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As vaccine eligibility widens, some vulnerable Texans are still fighting for access
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Fredericksburg retiree Cyn White has been trying to find a COVID-19 vaccine in her Hill Country community since she became eligible for it in December.
White, 63, who has a disability, grew frustrated with the lack of available appointments, problems with overloaded websites, and zero follow-up from the locations that allowed her to get on a waiting list.
Calling it a “dire situation” for herself and others like her, White became panicked at the idea of Texas opening its eligibility to all Texas adults this week.