The head of the Ministry of Economy and Finance (MEF), María Antonieta Alva, pointed out that the bond issue that your portfolio made today was successful, and half of the demand came from investors in the United States.
In a Twitter thread, the official explained that 50% of the demand came from the North American country, 30% from Europe and 20% from Asia.
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Earlier, he reported that it is an alternative for the Government to finance the GDP’s 12-point economic recovery plan, after overcoming the coronavirus crisis.
Alva explained that two global bonds were issued, the Global Bond 2026 at a rate of 2.39%, and the Global Bond 2031 at a rate of 2.78%.
“These two new references represent the lowest historical rates obtained by the Republic of Peru. These minimum levels were made possible by record high global investor demand of $ 25 billion. ”, I note.
This demand reduced the initial levels announced for the transaction and obtained the lowest levels observed in recent weeks by sovereign issuers in the international capital markets, Alva added.
