Banco BBVA Perú on Aug. 5 will auction up to 120 million Peruvian soles worth of three-year bonds under a US$1.00 billion corporate bond program, according to a regulatory filing.

The Lima-based lender set the initial amount of its offering of series E notes at 70 million soles but has the option to expand it to up to 120 million soles.

The notes will be issued Aug. 6 and will mature in 2022.

The bank's brokerage unit, BBVA Bolsa, will be the placing agent.

As of Aug. 1, US$1 was equivalent to 3.31 Peruvian soles.