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Peru's Economy and Finance Ministry launched a S/10 billion (about US$3.08 billion) 15-year sol-denominated sovereign bond priced at a 6.15% coupon. Proceeds will settle existing dollar, euro and yen debt.
The deal marks Peru's return to the international local-currency capital market.
Sovereign debt refinancing in local currency has no direct bearing on feed grain or oilseed balances. It is unlikely to move commodity prices.
andina.peEmpresa Peruana de Servicios Editoriales S. A. EDITORA PERÚJul 18, 2017Not 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.
