Peru Dollar Bonds Rally After Moody’s Upgrades Rating

Peruvian dollar bonds rose the most in the Americas after Moody’s Investors Service lifted the nation’s credit rating by two levels, citing falling debt and reduced dependence on metal exports.

Peru’s Rating Outlook Raised by S&P as Mining Boosts Growth

The outlook on Peru’s debt rating was raised to positive from stable by Standard & Poor’s as investment in mining, energy and infrastructure bolsters the Andean nation’s prospects for economic and export growth.