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Banco de Crédito del Perú places 42.7M soles of bonds

Banco de Crédito del Perú said it placed 42.7 million soles of three-year corporate bonds.

The bank originally intended to auction 50 million soles of the bonds, expandable up to 100 million soles. Demand for the offering reached about 134.1 million soles.

The bonds carry an annual nominal interest rate of 3.875%.

As of Aug. 15, US$1 was equivalent to 3.39 Peruvian soles.