Colombia

Colombia has raised its 2023 bond auction target to 34 tln pesos (USD 8.2 bln), up from the previously projected 27 tln. Next year, the government plans to sell 37 tln pesos of these securities. Additionally, around USD 500 mln in overseas bond sales are pending this year. The government also intends to issue 1 tln peso worth of green bonds in the latter half of 2023 to fund environmental projects, with a similar issuance planned for 2024 and subsequent years.