Colombia plans to sell an additional 2 trillion pesos (USD 855 million) of Treasury bonds this year, accelerating sales originally planned for 2009. The government will also sell inflation- linked bonds due in 2013 and 2023. "The government is anticipating a very difficult 2009 and so is seeking financing now before credit becomes more costly," said Alvaro Camaro, chief analyst at Stanford Financial Group's unit in Bogota. "It's simply avoiding the negative consequences of the uncertainty that may come next year.'' The government has said it plans to borrow USD 1 billion in foreign bonds next year and tap USD 1.4 billion from multilateral lenders. (Bloomberg)

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