The Ministry of Finance and Public Credit reported that, during the month of August, the record for foreign capital inflows to the purchase of national public debt was broken, with the purchase of $5.7 billion in treasury securities, TES.
(Read: $519,000 million are invested in eleven airports).
This value, according to the portfolio, is the highest in the history of the public debt market in Colombia. Before, the highest figure recorded to date for a specific operation for the placement of 2050 bonds were $5.3 trillion, an amount that was recorded in September 2020.
The Minister of Finance and Public Credit, José Antonio Ocampo, assured that this is a flow that “far exceeds the expectations that were had” and that this entry of foreign or offshore capital It is “conclusive evidence of how foreign investors see the future of the Colombian economy.”
So far this year, foreign investors accumulated a balance of $118.9 billion, 27.02% of the total issued.
The director of Public Credit, José Roberto Acosta, added that this dynamic is the result of the new treatment that the portfolio and the Directorate of Public Credit has received giving to the nation’s borrowing strategy.
(Also: Inflation of the poorest households already reaches 12.7%).
It is worth remembering that TES operations are one of the alternatives through which the government receives financing. These are issued by the Ministry of Finance and administered by the Banco de la República.
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