If the IMF (International Monetary Fund) is to indeed realize increased influence over international finance, byway of offering defacto crisis insurance that will allow developing countries to not necessarily hoard so much currency reserves, then the stigma of approaching the organization will have to disappear, and moreover investors will have to collectively not punish the prudence of such credit-tapping.  Today, for example, Colombian bonds rose, pushing yields to the lowest in more than two years, as the government is seeking a $10.4 billion credit line from the IMF.  “There is confidence in the local market because we have multilateral support,” said Adriana Botero, an analyst with Acciones y Valores, a Bogota-based brokerage.  Per Bloomberg, Colombia doesn’t plan to tap the IMF’s credit line and will only use it should the global slump worsen.  But there mere fact that investors didn’t flee upon the news that heads of the central bank and the Finance Ministry had been in Washington meeting with multilateral lenders is a positive sign for other emerging and frontier economies that may need such assistance in the future.