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Emerging MarketsEM LatAm

BanBog nets tier two tap after generous start

Banco de Bogotá, Bogota, Colombian peso, Colombia

Colombia’s second largest lender, Banco de Bogotá, was able to tighten pricing on the tap of its existing tier two bonds by 30bp on October 28 as bankers said the issuer had attempted to generate strong demand with very generous initial price thoughts.

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