trending Market Intelligence /marketintelligence/en/news-insights/trending/1DEIDEWwL1KAPnAFV9j_kw2 content esgSubNav
In This List

Peru's Cofide issues bonds worth 300M soles

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Peru's Cofide issues bonds worth 300M soles

Peru's Corporación Financiera de Desarrollo SA, or Cofide, on Dec. 19 placed 30-year bonds worth 300 million Peruvian soles, the bank said in a regulatory filing.

The bonds will pay a fixed annual interest rate of about 7.84%. Demand for the offering reached 603.3 million soles.

The issuance is part of the bank's fourth debt instruments program for up to US$400 million or its equivalent in soles.

As of Dec. 20, US$1 was equivalent to 3.41 Peruvian soles.