OREANDA-NEWS. February 29, 2016. Fitch Ratings has assigned a 'BBB+' rating to Peru's EUR1 billion 3.75% bond maturing in February 2030.

The proceeds are designated to pre-finance the 2017 government budget and debt service requirements.

KEY RATING DRIVERS
The rating is in line with Peru's Long-term Foreign currency Issuer Default Rating (IDR) of 'BBB+'.

RATING SENSITIVITIES
The rating would be sensitive to any changes in Peru's Long-term Foreign currency IDR. On Sept. 30, 2015, Fitch affirmed Peru's Long-term Foreign currency IDR at 'BBB+' with a Stable Outlook.