Colombia’s incoming administration plans to raise about $11 billion and carry out debt swaps to manage its 2026 financing needs, public credit director Cesar Arias told market makers, according to people who attended the meeting. The plan aims to address the country’s growing debt obligations while maintaining market confidence. The initiative reflects broader fiscal challenges as Colombia seeks to balance budgetary pressures with economic stability.

Key players include Cesar Arias, Bloomberg Markets, and market makers who attended the briefing. The financial strategy involves significant borrowing and restructuring operations that could impact sovereign bond markets and investor sentiment in Latin America.