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Banbif to offer up to $20M in bonds

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Banbif to offer up to $20M in bonds

Banco Interamericano de Finanzas SA, or Banbif, on Oct. 25 will auction $10 million worth of bonds expandable to $20 million, according to a regulatory filing dated Oct. 18.

The 10-year Series A bonds will carry a fixed rate and will be issued Oct. 26.

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