KM Financial Solutions | UPDATE 2-Colombia to cut bond issuance by $366 million as banks announce relief measures
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UPDATE 2-Colombia to cut bond issuance by $366 million as banks announce relief measures

UPDATE 2-Colombia to cut bond issuance by $366 million as banks announce relief measures

Colombia said on Tuesday it
will reduce its TES bond auction tranche for this year by 1.5
trillion pesos ($365.8 million) to ease borrowing costs and as
banks prepared to take financial pressure off clients amid
market volatility created by the coronavirus.

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