October 29, 2019
Peru's Cofide said it sold PEN100 million ($30 million) in the first sustainable bonds in the local market, placing the three-year notes at 3.78%, or 119 basis points over government notes, after receiving almost PEN200 million in orders.
The buyers included local pension plans called AFPs, insurance companies, mutual funds, government agencies and brokerage firms, Cofide said in a statement.
Cofide coordinated the bond deal with help from the Inter-American Development Bank (IDB) and Switzerlan
Peruvian development bank issues $30 mln in three-year notes after receiving almost $60 mln in orders