Colombia Markets Plunge After Cepeda Poll

On February 26, Colombia's COLCAP index plunged 4.13% to 2,283.91 after an Invamer poll showed Iván Cepeda at 37.1%, sparking a broad market selloff. The peso weakened to an intraday average around COP 3,745.85, CDS 5-year widened to 218 bps, yields topped 14%, and Ecuador raised tariffs to 50% effective March 1, compounding market stress.
Key Points
- 1Recorded COLCAP plunge 4.13%, worst single-day loss since 2024, broad selloff
- 2Polling surge: Invamer shows Iván Cepeda at 37.1%, reigniting fears of Petro-era policies
- 3Triggered flight to dollar: USD/COP to 3,745.85, CDS to 218bps, yields above 14%
Scoring Rationale
Strong market-moving political and trade developments drive high impact; limited to Colombian markets and non-technical relevance.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems

