Published on 6/9/2006 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Cofide prices S/. 17.22 million, S/. 30 million bonds at par to yield 6.95%, 7.275%
By Caroline Salls
Pittsburgh, June 9 - Corporacion Financiera de Desarollo SA (Cofide) made the fourth and fifth issues under its second program of series A bonds, selling S/. 17.22 million and S/. 30 million of the bonds at par to yield 6.95% and 7.275%, respectively, according to a Friday news release.
Lima, Peru-based Cofide is a state-owned lender to other financial institutions.
| Issuer: | Corporacion Financiera de Desarollo SA (Cofide)
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| Issue: | Series A bonds
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| Price: | Par
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| Pricing date: | June 9
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| Settlement date: | June 12
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|
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| Fourth issue
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| Amount: | S/. 17.22 million
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| Maturity: | June 12, 2009
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| Yield: | 6.95%
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|
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| Fifth issue
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| Amount: | S/. 30 million
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| Maturity: | June 12, 2011
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| Yield: | 7.275%
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