Major players in Colombian debt market sound alarm over off-market operations

Reuters
2025.12.30 18:44
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Major financial institutions in Colombia, including JPMorgan and Banco de Bogota, have expressed concerns to the government regarding off-market debt operations. They warn that these operations could lead to a loss of investor confidence and distort price benchmarks. The alarm follows a recent sale of 23 trillion pesos in public debt bonds to a foreign investor, which was unexpected and may affect perceptions of Colombia's financial markets. The institutions fear that such practices compromise the integrity of the issuance process and investor trust.