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Central Bank to Transfer 1.6T Pesos in TES to Government

COLOMBIA
  • Full BanRep statement can be found here: https://www.banrep.gov.co/es/noticias/junta-directiva-banrep-aprueba-trasladar
  • COLOMBIA CENBANK SAYS IT MADE 1.77T PESOS PROFIT IN 2022 (BBG)
  • COLOMBIA CENBANK TO TRANSFER SOME OF ITS PROFITS TO GOVERNMENT (BBG)
  • “The Board of Directors of Banco de la República approved transferring to the National Government the sum of $1,609 billion. In response to the request of the Ministry of Finance and Public Credit, said profits will be paid through the delivery of TES from the Bank's monetary intervention portfolio valued at market prices”.

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