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Third time a charm for Colombia's Titularizadora: But not everyone's enchanted

Mortgage securitizer Titulariza- dora Colombiana floated its third issue July 19, selling through Dutch auction Ps135 billion (US$48 million), for a total senior issue of Ps449 billion (US$160 million). As before, tax exemption on the bonds worked like a magnet on investors, helping take the average weighted yield on...

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