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Colombia capital markets get J.P. Morgan boost

Friday, May 9, 2014

Colombia's capital markets have attracted investment totaling $2.8 billion in the seven weeks since J.P. Morgan said it would raise the weighting of the nation's government bonds in two of its indexes.

The heavier weighting of Colombian debt in its GBI-EM Global Diversified and GBI-EM Global indexes begins on May 30 for four months.

Colombia is finding favor with investors with steady economic growth coupled with low inflation and market-friendly governance.

Source: Reuters