Bloomberg Anywhere Login


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

Peru Dollar Bond Yields Drop as U.S. Growth Fuels Copper Gains

Nov. 29 (Bloomberg) -- Peru’s dollar-denominated bonds rose, pushing down yields for the first time in three days, as copper prices advanced after the U.S. economy expanded more in the third quarter than previously estimated.

The yield on the nation’s benchmark 6.55 percent dollar-denominated bond due March 2037 dropped six basis points, or 0.06 percentage point, to 3.66 percent at 1:55 p.m. in Lima, according to prices compiled by Bloomberg. The bond’s price rose 1.17 cent to 146.17 cents per dollar.

Copper, Peru’s top export, rose to a one-month high after a report showed U.S. gross domestic product expanded at a 2.7 percent annual rate, up from a 2 percent prior estimate. The U.S. is Peru’s biggest trading partner after China.

“Commodities are benefiting from the positive data from the U.S.,” said Felipe Hernandez, an analyst at RBS Securities Inc. in Stamford, Connecticut. Faster growth in the world’s biggest economy is “good for Peru’s economic growth, for its exports, and good for risk sentiment.”

The sol appreciated 0.3 percent to 2.5785 per U.S. dollar at today’s close, according to prices compiled by Bloomberg. The central bank said on its website it bought $40 million in the spot market today and paid an average 2.5815 soles per dollar.

To contact the reporter on this story: John Quigley in Lima at

To contact the editor responsible for this story: David Papadopoulos at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.