Andina

Finance Min: High demand for Peruvian bonds proves investor confidence

Photo: ANDINA/Diffusion

Photo: ANDINA/Diffusion

10:40 | Lima, Oct. 29.

Economy and Finance Minister Pedro Francke has stressed that the high demand for Peru's global bonds confirms the confidence of international investors in the country's sound macroeconomic and fiscal strength.

This was indicated via Twitter, as the Cabinet member mentioned the recent issuance of sovereign bonds worth S/4 billion (about US$1 billion).

"Today, Peru issued —for the first time and successfully— sustainable bonds for a total of S/4 billion. The high demand for these Peruvian global bonds confirms that international investors trust the country's sound macroeconomic and fiscal strength," he expressed last Thursday.

Likewise, the head of the Ministry of Economy and Finance (MEF) detailed the destination of these funds obtained in international markets.

"These resources will allow us to finance projects and spending that generate positive impacts on the environment, as well as boost equitable and quality access to health, housing, and education services, as part of our objective of closing gaps," he concluded.

(END) MVB

Published: 10/29/2021