Peru Sol, Bonds, Stocks Advance After S&P Raises Rating to BBB

Peru’s dollar bond yields fell to a nine-month low while stocks and the currency gained after Standard & Poor’s raised the country’s foreign debt rating.

The yield on the nation’s benchmark 6.55 percent dollar-denominated bond due 2037 fell nine basis points, or 0.09 percentage point, to 4.99 percent at 4:20 p.m. New York time. The bond’s price rose 1.44 cents to 122.36 cents per dollar.