Peru government bonds
Peru's bonds as US funds mark them in their filings (SEC Form N-PORT), by currency. Fund marks as of Jul 2026; they lag the market by about two months.
By currency
| Bonds | Measured against | Count | Spread | 10-year spread | Priced-in 5y odds | 1-month change | Median yield | Held by US funds |
|---|---|---|---|---|---|---|---|---|
| USD Emerging markets, US-dollar bonds | vs US Treasuries | 17 | 104 bp | 104 bp | 8.3% | +20 bp | 5.62% | $903.6M |
| PEN Own-currency bonds | own currency: yield only, no default number | 17 | — | — | — | — | 6.11% | $150.5M |
| EUR Euro bonds of non-euro countries | vs German Bunds | 3 | 99 bp | — | 7.9% | — | 4.03% | $30.5M |
Priced-in odds = spread ÷ (1 − 40% recovery) over five years; it includes a risk premium and overstates actual defaults. Own-currency bonds get a yield and no odds: a government can print its own currency.
USD spread history
Median spread vs US Treasuries, month-ends with complete filings. Fund-reported.
EUR spread history
Median spread vs German Bunds, month-ends with complete filings. Fund-reported.
Peru's EUR curve
Yield to maturity of each EUR bond US funds hold (3 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Peru's PEN curve
Yield to maturity of each PEN bond US funds hold (28 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Peru's USD curve
Yield to maturity of each USD bond US funds hold (23 bonds, government and government-related issuers, index-linked excluded), Jul 2026 fund marks. Hover a point for the bond.
Who holds Peru's debt
Fund series holding Peru's government and government-related bonds in their latest quarterly report: 496 now, 512 a quarter earlier. Names as reported in the filings.
| Fund series | Report | Bonds | Face value | Value |
|---|---|---|---|---|
| PIMCO Income Fund | 2026-06-30 | 13 | $9.45B | $2.99B |
| PIMCO Total Return Fund | 2026-06-30 | 8 | $1.39B | $452.1M |
| iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 15 | $456.4M | $394.6M |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | 2026-06-30 | 9 | $1.24B | $377.6M |
| VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 15 | $342.6M | $311.5M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND | 2026-06-30 | 16 | $340.1M | $304.0M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND | 2026-07-31 | 14 | $931.3M | $293.1M |
| PIMCO Long Duration Credit Bond Portfolio | 2026-06-30 | 10 | $798.6M | $246.5M |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 14 | $758.5M | $240.9M |
| American Funds Global Balanced Fund | 2026-07-31 | 1 | $654.8M | $206.7M |
| PIMCO Emerging Markets Local Currency and Bond Fund | 2026-06-30 | 15 | $580.1M | $177.0M |
| VanEck J.P. Morgan EM Local Currency Bond ETF | 2026-06-30 | 9 | $546.0M | $167.7M |
| Bridge Builder Core Plus Bond Fund | 2026-06-30 | 10 | $495.4M | $154.8M |
| Capital World Bond Fund | 2026-06-30 | 5 | $481.9M | $153.8M |
| PIMCO Low Duration Income Fund | 2026-06-30 | 9 | $447.7M | $143.6M |
| PIMCO Multisector Bond Active Exchange-Traded Fund | 2026-06-30 | 5 | $429.4M | $135.9M |
| Dodge & Cox Global Bond Fund | 2026-06-30 | 1 | $418.2M | $131.0M |
| PIMCO Dynamic Bond Fund | 2026-06-30 | 7 | $407.9M | $129.7M |
| MFS Emerging Markets Debt Fund | 2026-07-31 | 9 | $210.9M | $125.7M |
| PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 2026-06-30 | 7 | $393.0M | $123.3M |
ETFs holding Peru's bonds
From each ETF's own latest N-PORT report, as a share of its net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Value | % of net assets |
|---|---|---|---|---|
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 2026-07-31 | 15 | $394.6M | 2.70% |
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 15 | $311.5M | 0.08% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 14 | $240.9M | 0.20% |
| EMLC VanEck J.P. Morgan EM Local Currency Bond ETF | 2026-06-30 | 9 | $167.7M | 3.44% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 17 | $112.3M | 0.08% |
| VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 2026-07-31 | 15 | $105.2M | 1.58% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 5 | $81.2M | 0.15% |
| EBND State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF | 2026-06-30 | 12 | $69.6M | 3.08% |
| PCY Invesco Emerging Markets Sovereign Debt ETF | 2026-07-31 | 3 | $39.3M | 2.84% |
| BOND PIMCO Active Bond Exchange-Traded Fund | 2026-06-30 | 2 | $37.4M | 0.45% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 15 | $29.5M | 0.76% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 21 | $29.0M | 0.07% |
| LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 2026-07-31 | 9 | $27.9M | 3.90% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 3 | $21.2M | 0.03% |
| XEMD BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2026-07-31 | 7 | $18.7M | 2.22% |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.