×
For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

On Monday, Peru placed its first century bond

November 26, 2020
3.23% 28jul2121 bond of $1bn was placed on Monday. The issue took place in unstable times for the South American country. Just recently, Martín Vizcarra was impeached by congress. His place was taken by Manuel Merino, the head of the congress. Still, he couldn't keep his post and was forced to step aside after 5 days by huge street protests. Francisco Sagasti, a 76-year-old former World Bank official, has become the third president in the last days. He is supposed to guide the country through to new elections that will take place in the second quarter of 2021. 

Despite political instability, analysts believe the country is strong. Shamaila Khan, head of emerging market debt strategies at AllianceBernstein: “We think that Peru is a solid investment-grade credit despite the political volatility. The country has a strong external position and a low level of indebtedness.” The sovereign priced the 100-year bond at 1.70 percentage points above US Treasuries. 

Additionally, the sovereign placed a 12-year bond and a 40-year note.
  • Status
    outstanding
  • Country of risk
    Peru
  • Redemption (put/call option)
    *** (***)
  • Amount
    1,000,000,000 USD
  • М/S&P/F
    — / — / —
Company — Peru
  • Full name
    Republic of Peru
  • Registration country
    Peru