Monday, June 4, 2007

UPDATE 2-Colombia to prepay up to $500 mln multilateral debt

(Reuters) - The government said it had bought $750 million in dollars
on the currency market last week to curb the peso's volatility,
of which $250 million will be for debt servicing, the Finance
Ministry's director of public credit, Julio Torres, said.




"This will reduce the stock of debt and better our credit
profile," Torres told reporters about the debt operation.


Read more at Reuters.com Bonds News

No comments: