January 09, 2009 |
|Fitch Ratings-New York-07 January 2009: Fitch Ratings has assigned a long-term foreign currency Issuer Default Rating (IDR) of 'BB+' to the Republic of Colombia 10-year USD1 billion Eurobond (7.375% coupon).|
The rating is in line with Colombia's foreign currency IDR. Colombia's creditworthiness is supported by a record of macroeconomic stability, disciplined fiscal policies and deft liability management. These credit strengths, though, are balanced by comparatively high fiscal and external solvency ratios. Colombia also remains vulnerable to external shocks due to limited trade integration, high commodity dependence, and considerable trade exposure to Venezuela.
|Nome completo della società||Republic of Colombia|
|Paese di registrazione||Colombia|