Peru reopens bonds due in 2025 to repay debt owed to Paris Club creditors

Peru has reopened its global dollar bonds due in 2025 to repay a debt owed to its Paris Club creditors, an informal group of financial officials from 19 of the world’s richest countries, reported Peru’s Finance Ministry on Monday. The bonds – expected to yield 7 percent, or $1 billion – will be used to [...]

Getulio Vargas Foundation: Peru has region’s best “economic climate”

Peru has the region’s best “economic climate” in Latin America, according to a report published by Brazil’s Getulio Vargas Foundation, or FGV. According to the report, Latin America’s Economic Climate Index, or ECI, surged from 2.9 points in January to 3.6 points in April 2009. The jump, according to FGV economists, suggests that “rock bottom” [...]