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Peru's Banbif to auction up to $10M in 8-year bonds

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Peru's Banbif to auction up to $10M in 8-year bonds

Banco Interamericano de Finanzas SA or Banbif, on Oct. 11 will auction $5 million worth of bonds expandable to $10 million, according to a regulatory filing dated Oct. 5.

The eight-year Series C bonds will carry a fixed rate and will be issued Oct. 12.

The financial instruments are part of the Peru-based bank's second bond issuance program, the filing noted.