After Bond Exodus, Foreigners Courted in Peru’s $6 Billion Swap

  • Foreign investors cut Peru debt holdings to 5-year low in June
  • Election of Kuczynski has revived demand for country’s notes

Peru's Kuczynski: We Have to Take Advantage of Rates Now

For President Pedro Pablo Kuczynski to succeed in converting as much as $6 billion of Peru’s overseas bonds into local-currency debt, he’ll need to lure back the foreign investors who’ve fled the country in droves in recent years.

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