# Peru taps global capital markets but local depth remains key issue

> Peru placed a $3 billion government bond in July through Euroclear, with about 70% of buyers non-resident, mainly from the US and Europe. Investors also bought debt denominated in local soles rather than dollars, which is historically unusual.

- Date: 2017-09-14 · published 2017-09-14T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/69231-peru-taps-global-capital-markets-but-local-depth-remains-key-issue
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Strong foreign demand for soles-denominated debt supports the sol and Peru's macro stability, which is a minor factor for fishmeal and feed ingredient costs from Peru.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- citywire.com: https://citywire.com/americas/news/peru-taps-global-capital-markets-but-local-depth-remains-key-issue/a1049470

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.