Banco de la República (the Central Bank of Colombia) increases the allotment of repos with private debt instruments.
Banco de la República increased the allotment of liquidity auctions from $17 trillion to $20 trillion as of Tuesday, 17 March 2020. The $3 t increase is destined to expand the allotment for the auction of REPOS backed by private instruments, which will increase from the current $5 t to $8 t. Additionally, the Central Bank will have the flexibility to reassign the allotment of REPO auctions with public instruments (currently $12 t) to the REPO auctions with private instruments. These allotments are broad facing the liquidity needs of the economy.
Note: 1 billion = 1 x 109; 1 trillion = 1 x 1012.