November 25, 2019
Peru said it has used the money from a PEN10 billion ($2.95 billion) bond sale on November 21 to buy back $1.72 billion in outstanding bonds, including PEN5.29 billion in sol-denominated notes and $153 million in dollar-denominated notes.
On Thursday, the country issued PEN8 billion in new 2040 notes with a coupon of 5.35% and added PEN2 billion to its 2034 notes at a record low rate of 4.95%.
In the buyback, the government agreed to purchase PEN468 million in 5.2% 2023 bonds and PEN4.92 billion
Finance Ministry uses proceeds from recent local-currency bond sale to buy back $1.7 bln in dollar- and sol-denominated notes