Colombia drew investment pledges of $1 billion at an auction of some 200 oil blocks
Colombia drew investment pledges of more than $1 billion on Tuesday from energy companies bidding at an auction of some 200 oil blocks in the Andean nation, officials said.
Colombia will use part of the funds from today's international bond sale to buy back as much as $750 million in external debt, according to an e-mailed statement from the Finance Ministry.