Debt Reperfilment Begins with Exchanges for $11 Billion
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6 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.
News to the Day and to the Hour Latest News of today The Colombian government announced this Friday an agreement to reprofile its debt and avoid paying creditors 19.8 billion pesos (about 6,061 million pesos... News Colombia extends the deadline to pay its debt of 6,061 million dollars was first published in News to the Day and to the Hour Latest News of today
Ayşe UÇAR wrote: The Republic Hit by the Public Debt Deal...
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
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