Colombia.(COLOMBIA)
May, 2006
COLOMBIA said it plans to buy back US$4.20 billion in foreign debt due in 2006 and in 2011, depending on the demand from bondholders. The government will use cash reserves purchased from the Central Bank to finance the operation.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.