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Event Brief

Colombia to issue more Asian-currency debt to cut dollars

Colombia’s finance minister said Crédito Público will shift debt issuance toward Asian currencies to reduce dollar reliance.
WHO: Germán Ávila, Crédito Público (public-debt office)
WHAT: Crédito Público plans to move into Asian-currency debt issuance to lower dollar exposure.
WHEN: May 15, 2026 at 3:01 PM ET
WHERE: Colombia
WHY: To reduce historical dependence on US-dollar borrowing and bring dollar exposure to about 50%.

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