February 18, 2019 / 7:02 PM / 3 months ago

Colombia's Davivienda to sell 500 bln pesos of bonds locally

BOGOTA, Feb 18 (Reuters) - Banco Davivienda, Colombia’s third largest bank by assets, will sell up to 500 billion pesos ($159 million) of bonds locally, the stock exchange said on Monday.

Davivienda said that on Tuesday it will offer three-year bonds at a fixed rate and 10-year bonds linked to inflation.

The bank is part of financial conglomerate Grupo Bolivar.

$1 = 3,141.40 Colombian pesos Reporting by Nelson Bocanegra Writing by Helen Murphy; Editing by Steve Orlofsky

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