Colombia Credit Chief Eyes $4 Billion Buyback of External Bonds

Colombian economic activity is likely to have fallen 2.2% year on year in May, signaling renewed weakness in the near-term growth outlook. Manufacturing and construction rose 1.4% in April from the prior month after declines in March and February, but the broader tone remains soft. The article is primarily macroeconomic and carries limited immediate market impact.

Analysis

Colombian economic activity is likely to have fallen 2.2% year on year in May, signaling renewed weakness in the near-term growth outlook. Manufacturing and construction rose 1.4% in April from the prior month after declines in March and February, but the broader tone remains soft. The article is primarily macroeconomic and carries limited immediate market impact.