RIO DE JANEIRO, BRAZIL - Peru has joined a select group of countries issuing debt that matures in 100 years, as investors looked beyond the acute political crisis that has engulfed the country in recent weeks.
In a positive comment on the South American nation, the Financial Times writes that Peru launched the sale of US$1 billion of century bonds, in addition to US$2 billion of notes set to mature in 2060 and another US$1 billion of 12-year bonds. The sale comes after some of the most turbulent weeks in Peru’s political history.
The country has . . .