Peru’s national economic risk set to break a record

According to the JPMorgan EMBI+ rating, Peru’s national risk level closed today at 1.01%, down one base point from yesterday.

The rating, that measures performance of Peruvian sovereign bonds as against those issued by the USA, has never dropped below 1%. It is considered a good measure of political risk and the danger that a country might fail to meet its financial obligations.

Coupled with the increased ratings of credit from companies such as Standard & Poors, Fitch Ratings and Moody’s, this brings Peru ever closer to reaching the so-called “investment level”, which is expected to attract a flood of foreign investors.

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