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<br>By Marco Aquino<br> <br>LIMA, Nov 23 (Reuters) - Peru said on Monday an eager market had soaked up its offer of $4 billion worth of debt, including a rare century bond, as the world´s No.<br>2 copper miner scrambles to raise funds to soften the economic fallout from the coronavirus crisis.<br> <br>The U.S. dollar-denominated debt was offered in three tranches, Peru´s economy ministry said, headlined by the $1 billion issuance of an 100-year bond. Standard &amp; Poor's has Peru's credit rating at BBB+, while Moody's rates it at A3.<br> <br>The ultra-long bond was placed at a coupon rate of approximately 3.23%, José Olivares, director-general of the Public Treasury of Peru´s Economy ministry,  [https://www.kynghidongduong.vn/tours/tour-du-lich-trung-khanh-cuu-trai-cau-thanh-do-ha-noi-sai-gon.html kynghidongduong.vn] told Reuters.<br><br>The bond expires in 2121.<br> <br>The issuance comes as Peru grapples with what is expected to be its worst economic contraction in a century and a political crisis that has seen it go through three presidents in less than a month.<br> <br>"It was a very strong boost from the capital market and from global investors," Olivares told Reuters.<br><br>"We were pleasantly surprised by the demand, at the peak it was over $15 billion."<br> <br>Peru also placed $1 billion of bonds maturing in 2032, with a coupon rate of 1.86%. It also issued $2 billion worth of debt maturing in 2060, Olivares said.<br> <br>Olivares said recent protests had weighed on appetite for  [https://www.kynghidongduong.vn/tours/tour-du-lich-trung-khanh-cuu-trai-cau-thanh-do-ha-noi-sai-gon.html tour cửu trại câu từ hà nội] Peru´s bonds and currency, but that markets had stabilised after Congress last week [http://statigr.am/tag/appointed%20interim appointed interim] president Francisco Sagasti, who has promised to hold general elections on April 11.<br> <br>"The market trusts that the economy will continue to operate based on prudent fiscal policies," he said.<br> <br>Economy and Finance minister Waldo Mendoza told Congress on Monday the fiscal stimulus being carried out to cushion the blow of the pandemic, which is worth nearly 20% of Peru's gross domestic product (GDP), would likely increase public debt from 28% of GDP to 35% by year's end.<br><br>(Reporting by Marco Aquino in Lima Writing by Dave Sherwood Editing by Matthew Lewis and Ana Nicolaci da Costa)<br>