The Colombian government awarded $1.9 trillion in the year's 12th TES UVR auction after receiving $3.7 trillion in bids.
The operation covered four references maturing in 2031, 2041, 2055 and 2062. The bid-to-cover ratio reached 3.9 times.
Investor interest focused most on the January 2031 papers. $980 billion were awarded for this reference at a cut rate of 6.50%.
The second most demanded reference was February 2062, with $619.111 billion awarded at a 5.82% cut rate. The 2041 and 2055 maturities received smaller amounts.
