Scarcity sees Peru clinch record yield but low tender take-up
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Emerging MarketsEM LatAm

Scarcity sees Peru clinch record yield but low tender take-up

Peru, nuevo sol, local currency, LAtAm

Peru’s return to dollar bond markets after four years on Thursday saw it clinch its lowest ever yield and price flat to or even inside its better rated neighbour Chile. Yet so sought after is Peru’s hard currency paper that the government is having a tough time persuading bondholders to let go.

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