How foreign participation in the Colombian local public debt market has influenced domestic financial conditions

Since 2014, participation of foreign investors in the Colombian local public bond market has increased substantially. One of the factors that has driven this result is the increased weight of Colombia in JP Morgan´s Government Bond Index. Some evidence suggests that the resulting inflows have reduce...

Full description

Bibliographic Details
Main Authors: José Vicente Romero, Hernando Vargas, Pamela Cardozo, Andrés Murcia
Format: Article
Language:English
Published: Elsevier 2021-12-01
Series:Latin American Journal of Central Banking
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143821000235