Books bulge as Peru set for century bond

Peru will become the fourth Latin American borrower to issue a century bond on Monday, selling a triple-tranche dollar issue including a 100-year bond despite the fact that the the country is on its third president this month.
Leads BBVA, Citi, Goldman Sachs, Itaú and Morgan Stanley set initial price thoughts of 135bp area over US Treasuries for a new 2032 bond, 160bp area over for a new 2060, and "very low" 200bp over Treasuries for a bond maturing in 2121.
Sources close to the deal said
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