Lima, Jan. 25 (ANDINA).Peru’s Finance Ministry has approved the placement of up to $1.6 billion in sovereign bonds, either in the domestic or external debt markets.
The funds will be used to help finance Peru’s balance of payments, according to a note published in the official gazette on Wednesday.
Peru’s finance ministry has been active in recent years by making various debt placements and in restructuring existing debt, Dow Jones Newswires reports.
Peru has an investment-grade debt rating from the three largest debt rating agencies.
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