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Bankers eye 20 year potential after Peru treble

Lima, Peru, BCP, 575, LatAm
By Oliver West
04 Mar 2021

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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By Oliver West
04 Mar 2021