Peru Housing Fund Eyes Bond

Peru’s Fondo Mivivienda is heard awarding a mandate for a potential international bond transaction, according to a source familiar with the state housing fund’s plans. An official announcement has yet to be made, but Citi is considered one of the top contenders for the business. Fondo Mivivienda engages in development of the Peruvian housing market, finances homeownership through financial institutions and manages allocation of subsidies for families to have access to homeownership. An international bond would be a debut, according to Dealogic data.