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Emerging MarketsEM LatAm

Bankers eye 20 year potential after Peru treble

Lima, Peru, BCP, 575, LatAm

Bond bankers covering Latin America say that previously rare 20 year deals could become a popular maturity for the region’s sovereigns after Peru included a 2041 note in a $4bn triple-tranche dollar issue this week. The sovereign followed up the dollar deal with €825m in euros on Thursday, thus wrapping its external funding needs for the year, according to a finance ministry official.

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