BBVA’s Colombian unit plans to sell today up to COP198 billion ($98.7 million) in bonds in the domestic market. The bank can offer fixed-rate bonds at 3, 5 and 10-year maturities; 3 and 5-year notes paying interest linked to the DTF benchmark, and also 5 and 10-year bonds paying interest linked to the inflation index.

BBVA’s own local capital markets unit is coordinating the transaction, rated AAA on a national scale. The sale is the second from a COP500 billion program, and follows a placement of COP301.9 billion done in August 2008.

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