Advertisement
Canada markets closed

  • S&P/TSX

    24,471.17
    +168.91 (+0.70%)
     

  • S&P 500

    5,815.03
    +34.98 (+0.61%)
     

  • DOW

    42,863.86
    +409.74 (+0.97%)
     

  • CAD/USD

    0.7266
    -0.0011 (-0.16%)
     

  • CRUDE OIL

    75.49
    -0.36 (-0.47%)
     

  • Bitcoin CAD

    86,624.69
    +2,293.36 (+2.72%)
     

  • XRP CAD

    0.74
    +0.01 (+1.00%)
     

  • GOLD FUTURES

    2,674.20
    +34.90 (+1.32%)
     

  • RUSSELL 2000

    2,234.41
    +45.99 (+2.10%)
     

  • 10-Yr Bond

    4.0730
    -0.0230 (-0.56%)
     

  • NASDAQ

    18,342.94
    +60.89 (+0.33%)
     

  • VOLATILITY

    20.46
    -0.47 (-2.25%)
     

  • FTSE

    8,253.65
    +15.92 (+0.19%)
     

  • NIKKEI 225

    39,605.80
    +224.91 (+0.57%)
     

  • CAD/EUR

    0.6642
    -0.0011 (-0.17%)
     

UPDATE 1-Peru may tap capital markets this year to better manage debt

Reuters
·1 min read

(Adds comments from economy minister)

LIMA, March 24 (Reuters) - Peru's government expressed qualified interest in tapping the international bond market later this year in a bid to better manage liabilities, Economy Minister Alex Contreras said on Friday.

The government might turn to capital markets during the first semester of this year if opportunities exist, the economy chief said during a news conference.

The minister also forecast what he described as a "moderate" economic expansion in March, and then 4% growth in April.

The Andean nation's central bank estimated earlier on Friday

lower economic growth

this year due to the impact of months-long social unrest and torrential rains earlier this month.

On Thursday, officials announced that the government will spend

more than $1 billion

on climate and weather measures, in a bid to contain adverse impacts from climate change and El Niño-related weather events. (Reporting by Marco Aquino; Writing by Valentine Hilaire; Editing by Brendan O'Boyle and Marguerita Choy)