Seeking Alpha

Colombia moves its first international paper since becoming an investment grade credit, selling...

Colombia moves its first international paper since becoming an investment grade credit, selling $2B in 10 year notes to yield 130 bps over Treasuries, and about 35 bps more than Brazil and Mexico pay. Rich in oil and minerals, the country is enjoying the fruits of the global resources boom. GXG +24% Y/Y.
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Comments (1)
  • Windsun33
    , contributor
    Comments (4280) | Send Message
     
    I got out of (GXG) a while back since the Peru election seems to be dragging all regional stocks down. Not sure what effect, if any, this will have.
    6 Jul 2011, 12:11 PM Reply Like
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