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The Republic of Peru announced results of its cash tender offer for certain U.S. dollar and euro global bonds and Bonos Soberanos, with the offer expiring June 13, 2019. Settlement is expected June 20, 2019, and Peru priced new bonds due 2034 and 2030.
This is a sovereign debt operation with no direct link to feed grain supply, demand or prices, so there is no meaningful commodity impact.
prnewswire.comThe Republic of PeruJun 14, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
