# Colombia’s Debt Is Already Trading as Though it Were Junk - Bloomberg

> Colombia's dollar-denominated bonds are trading at junk-like prices as investors bet the government will fail to raise enough tax revenue to keep its investment-grade rating. The pricing reflects doubts over the proposed fiscal reform.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/47884-colombia-s-debt-is-already-trading-as-though-it-were-junk-bloomberg
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A possible downgrade would raise Colombia's borrowing costs and could pressure the peso. That affects regional import costs but has little direct effect on feed commodity prices.

## Read by commodity

- USDCOP: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-04-29/colombia-s-debt-is-already-junk-as-far-as-traders-are-concerned

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.