Banco BBVA Perú said it placed about 96.6 million Peruvian soles of corporate bonds on Dec. 5 at a fixed nominal rate of 4.43750% per year.

Demand for the five-year, series C notes reached approximately 154.6 million soles. The issuance is part of corporate bond program for the equivalent of up to US$1.00 billion.

As of Dec. 5, US$1 was equivalent to 3.38 Peruvian soles.