Peru pushes local bond markets

Peru pushes local bond markets

Peru Bonds

Peru has accelerated plans to develop its local capital markets and soon expects to sign an agreement with the clearing house Euroclear, Finance Minister Alfredo Thorne told LatinFinance."Our objective is to give high liquidity to the soberanos market," Thorne said, referring to Peru’s local bonds. "So we are very reluctant to issue anything that is not Euroclearable."Peru markets local currency bonds to international investors under its Global Depositary Notes (GDN) program, but Thorne said a s

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