Peru places $985 mn in European market bonds

Peru successfully placed €825 million ($984.86 million) in European market bonds maturing in 2033 at a coupon rate of 1.25%. This represents the return of Peru to the European market after 5 years. The bond issuance was welcomed by a strong demand, more than double the supply, from 100 investors mainly from Europe and the US.

Source: Andina