Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Peruvian Yields Fall as Cuts in Borrowing Abroad Buoy Local Debt

Peruvian bonds rose, pushing yields down the most in three days, as interest-rate reductions in Europe and China boosted the appeal of the Andean nation’s fixed-rate assets.

The yield on Peru’s benchmark 7.84 percent sol-denominated bond due in August 2020 fell three basis points, or 0.03 percentage point, to 4.96 percent, according to prices compiled by Bloomberg. The price increased 0.22 centimo to 118.93 centimos per sol.

The U.S. Federal Reserve may take further steps before the end of the year to stimulate growth after extending last month its program of selling shorter-term debt and buying longer maturities to reduce borrowing costs, said Felipe Hernandez, analyst at Royal Bank of Scotland Group Plc in Stamford, Connecticut.

“With all that liquidity, people will start looking for assets to invest in,” Hernandez said in a phone interview. “There’s room for foreign investors to add to their holdings of local currency government bonds. Yields in Peru are still relatively attractive compared with other Latin American countries.”

The sol fell 0.2 percent to 2.6495 per dollar at today’s close, according to Deutsche Bank AG’s local unit. The central bank didn’t buy or sell dollars in the spot market today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.