Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable - S&P Global Ratings’ Credit Research

Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable

Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable
Published Aug 26, 2014
Published Aug 26, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

A combination of a series of negative shocks, which we view as temporary, and resulting lower business confidence has led to a deceleration in economic growth for Peru in 2014 to an estimated--still high--4.0%. Peru's current mix of expansionary fiscal and monetary policies is working to moderate the ongoing slowdown, while large-scale investment projects will likely increase GDP growth to 5%-6% between 2015 and 2017. We are affirming our 'BBB+' foreign currency and our 'A-' local currency long-term sovereign credit ratings on the Republic of Peru. The stable outlook reflects our expectation that investment in the infrastructure and mining sectors will continue at a steady, high pace through the 2016 national elections, supporting economic growth and limiting risk. On Aug.

  
Report Type:

Research Update

Ticker
1131Z@PE
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable" Aug 26, 2014. Alacra Store. Mar 28, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Peru-Long-Term-BBB-Foreign-Currency-Rating-Affirmed-Outlook-Remains-Stable-1355314>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Republic of Peru Long-Term 'BBB+' Foreign Currency Rating Affirmed; Outlook Remains Stable Aug 26, 2014. New York, NY: Alacra Store. Retrieved Mar 28, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Peru-Long-Term-BBB-Foreign-Currency-Rating-Affirmed-Outlook-Remains-Stable-1355314>
  
US$ 225.00
$  £  
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