Peru’s Sol Bonds Rise to 7-Week High on Fujimori Poll Advance
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Peru’s sol bonds rose to their highest level in seven weeks as polls showing rising support for Congresswoman Keiko Fujimori fueled bets she will win the country’s presidential runoff and spur foreign investment.
The yield on the nation’s benchmark 7.84 percent sol-denominated bond due August 2020 fell three basis points, or 0.03 percentage point, to 6.67 percent, according to prices compiled by Bloomberg. The bond’s price rose 0.20 centimos to 108.02 centimos per sol, the highest since April 8.