Colombia Bonds: Auditor Probes Swap Over Constitutional Concerns
A Colombian government bond swap last October may have violated constitutional principles by shifting financing costs to future administrations in exchange for short-term liquidity relief, an audit by the comptroller...
By Oscar Medina and Andreina Itriago · Bloomberg Markets
A Colombian government bond swap last October may have violated constitutional principles by shifting financing costs to future administrations in exchange for short-term liquidity relief, an audit by the comptroller general’s office found.