Summary 2/2 - Colombia Rates, Peru Friction Over Pension Reform Bill

COLOMBIA - Leonardo Villar will govern his first meeting where the majority vote will again prevail in maintaining the benchmark interest rate at 1.75%, reflecting the balanced developments since December. Full preview will be sent shortly after this summary.

PERU - Alliance for Progress, the second-biggest party in Peru's congress, doesn't support the pension reform bill approved by a congressional committee this week, Cesar Combina, a lawmaker and spokesman for the party has said.

• He adds the priority now should be a reform that reduces pension fund management fees and insurance premiums
• He says pension reform needs a big national debate and bill should be studied by other committees in congress just like any other bill

ARGENTINA - 5pm CET: Creditors must decide whether to accept a debt exchange offer from Argentina's Province of Buenos Aires