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Pimco Made $2 Billion Bet on Colombia Ahead of First Round Vote

Pimco Made $2 Billion Bet on Colombia Ahead of First Round Vote
Bloomberg Markets Thursday 18 June 2026, 15:16 UTC By Oscar Medina, Nicolle Yapur 1 min read
Key Points

Pimco Made $2 Billion Bet on Colombia Ahead of First Round Vote Funds managed by Pacific Investment Management Co. made a $2 billion bet on Colombia’s local government debt last month, ahead of the first round of a presidential election that is likely to reshape the nation’s economic model. Pimco funds purchased a net 6.7 trillion pesos of domestic bonds in May, according to data from Colombia’s Comptroller General analyzed by Bloomberg. The asset manager has been the largest buyer of...

Pimco Made $2 Billion Bet on Colombia Ahead of First Round Vote Funds managed by Pacific Investment Management Co. made a $2 billion bet on Colombia’s local government debt last month, ahead of the first round of a presidential election that is likely to reshape the nation’s economic model. Pimco funds purchased a net 6.7 trillion pesos of domestic bonds in May, according to data from Colombia’s Comptroller General analyzed by Bloomberg. The asset manager has been the largest buyer of Colombian local debt in recent months and now holds roughly 30% of the $43 billion held by foreign investors.
Pimco (ORG) Pacific Investment Management Co. (ORG) Colombia (LOCATION) Comptroller General (ORG) Bloomberg (ORG) Colombian (ORG)
Originally published by Bloomberg Markets Read original →

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