Business & Finance

Peru sells domestic bonds at lowest rates ever

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Peru placed 75 million soles ($29 million) of 30-year paper due in 2042 at 5.35 percent, and 147 million soles of 10-year paper due in 2023 at 4.46 percent, traders said.

 

The Andean country's economy is forecast to grow 6 percent this year, the fastest pace in South America, with low inflation and a healthy fiscal surplus.

 

 

Copyright Reuters, 2012