INSUBCONTINENT EXCLUSIVE:
jumped 24 basis points to 225, hitting its highest level since November 2024.Meanwhile, regional peers saw their CDS rise by only 9 points,
administration.Appointed in December 2024 after a corruption scandal ousted his predecessor, Guevara pushed fiscal restraint amid a 6.8% GDP
His exit rattled markets, weakening the peso by 1.7% and pushing five-year swap rates up 17 points to 8.60%, signaling costlier borrowing
ahead.The CDS reflects fears of default, a hedge investors use to protect against debt risks
ChangeMarkets reacted swiftly, with sovereign bonds dropping and the peso sliding against the dollar
2025.His successor, German Avila, steps into a tense spotlight, tasked with calming investors and managing a fragile economy
2021, the nation now risks further downgrades if confidence erodes
figures reveals a nation at a crossroads
As Avila takes charge, Colombia must steady its course to avoid deeper economic turbulence, with global markets keeping a wary eye on every
