Doria Sierra, CarlosGarcía Argumedo, Camilo JoséGonzález Madrid, María José2021-10-042021-10-042021-10-02https://repositorio.unicordoba.edu.co/handle/ucordoba/4602The Colombian capital market is facing increasingly global and dynamic economies, which has promoted enormous development in recent years, there are currently a considerable number of innovative, solvent and diversified capital raising instruments, one of them are bonds, fixed-income instruments that have become one of the main financing mechanisms for public and private entities in the country, as they are a highly recognized and diversified security, through which a large part of the Direct Foreign Investment of the country. Considering the above, this monographic work aims to analyze the behavior of the Colombian bond market during the years 2018 and 2019; To achieve this, the conceptual elements of the bond market, its advantages, limitations and importance as a source of financing are detailed, then the recent evolution of this security is exposed, detailing the amounts, participants and the number of operations that occurred during the years 2018 and 2019, and finally a comparison is made between the public and private debt market, to recognize the development and importance of both sectors in the Colombian fixed income market. The current monographic work was oriented in a bibliographic review study, in which the researchers collected, analyzed and interpreted information related to the Colombian bond market and to which they came as a reference to validate the information presented throughout the investigation, to finally deliver a basic knowledge tool on which to approach and learn about the behavior of some capital market securities, based on the importance it has for the economy, and condense information that can be used by investors, traders, consumers , students, academic community and other interested in the economic field of the country.Resumen ................................................................................................................. 7Introducción ................................................................................................... 10Objetivos ........................................................................................................ 13Objetivo General ..................................................................................... 13Objetivos Específicos .............................................................................. 13Capítulo I .............................................................................................................. 14Elementos Conceptuales del Mercado de Bonos ............................................. 14Mercado de Capitales .............................................................................. 14Renta Fija ................................................................................................ 16Bonos ................................................................................................ 17Capítulo II ............................................................................................................ 26Comportamiento del Mercado de Bonos en Colombia Durante el Periodo 2018-2019 26Mercado de Bonos 2018-2019 ................................................................. 26Bonos de deuda privada ..................................................................... 26Bonos de Deuda Pública .................................................................... 33Capítulo III ........................................................................................................... 39Análisis Comparativo del Comportamiento de las Emisiones de Bonos de Deuda Pública y Privada en Colombia durante los Años 2018 y 2019 ......................................... 39Conclusiones .................................................................................................. 45Bibliografía .................................................................................................... 48application/pdfspaCopyright Universidad de Córdoba, 2021Trabajo de grado - Pregradoinfo:eu-repo/semantics/openAccessAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)Mercado de capitalesBonosDeuda públicaDeuda privadaRenta fijaCapital marketsBondsPublic debtPrivate debtFixed income