Primera Página – Agencia de Noticias –
Bogotá.- The Ministry of Finance and Public Credit revealed that the average maturity of Colombia’s Central National Government debt decreased relatively moderately at the beginning of 2023 if the comparison is made with the close of 2023.
Indeed, and according to portfolio figures, the average life of this debt dropped to 9.85 years at the end of last month.
On the other hand, the duration increased in January 2024 compared to a year earlier, when it had stood at 9.79 years.
With respect to the average coupon rate, the figures show that the sustained decline that occurred since November 2019 was interrupted with a month-on-month increase between March and April 2021; in May this upward trend continued, in June it was maintained, as well as in July and August; it consolidated in September; and in October, November, December, January 2022, February, March, April, May, June, July, August, September, in October, in November, in December and in January 2023 it reached highs since July 2009.
However, in February, there was a moderate decline. In March, however, it resumed its upward trend and then fell again in April. In May, however, there was a rise, in June it continued on that path, as it did in July and reached a 14-year high. In August, however, it fell back, as it did in September, October, November, December and now in January 2024.
