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Peru issues bonds to face the pandemic

2020-04-17T02:22:20.845Z


The bonds were placed at "historical minimum rates", as announced by the country's economy minister, María Antonieta Alva, through her Twitter account.


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María Antonieta Alva (Credit: ANDINA / Press Presidency)

(CNN Spanish) - This Thursday, Peru placed bonds in the international market, as part of the financing that the country requires to cover its spending needs and support the economic plan that it is carrying out to face the covid-19. The bonds were placed at "historical minimum rates", as announced by the country's economy minister, María Antonieta Alva, through her Twitter account.

The official highlighted on social networks that the result of the operation "reflects the confidence of global investors in the macroeconomic foundations of the Peruvian economy, and is a support for the economic and health strategy that the government has been carrying out to face the effects of the covid-19 ”.

María Antonieta Alva, the youngest woman minister that Peru has had, carries out an economic plan to face the effects of the coronavirus in the country that, according to what she has said, is the most aggressive in the region. The Peruvian government announced weeks ago a containment and reactivation plan to face the pandemic that amounts to just over 26,000 million dollars.

Today the Ministry of Economy and Finance carried out a successful bond issue in international markets, obtaining financing at historical minimum rates, in order to cover the country's spending needs.
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- María Antonieta Alva Luperdi (@ToniAlvaL) April 16, 2020

Source: cnnespanol

All news articles on 2020-04-17

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