Peru's Superintendency of the Securities Market published a set of priority actions in a support document for developing a roadmap to strengthen the role of Peru’s capital markets in corporate financing and broaden domestic investment options. Among the most advanced initiatives is the development of low-risk products for individuals, including an exchange-traded fund of sovereign bonds. The sovereign bond ETF initiative has been developed with support from the World Bank, drawing on regional precedents where funds invest in government securities or provide direct retail access. Other measures highlighted include a public-private programme to prepare and support more companies to access the securities market, a targeted programme to facilitate small and medium-sized enterprise financing with participation from COFIDE, and work to eliminate tax-driven regulatory arbitrage so financial and capital markets operate under consistent tax treatment for participants.
Superintendencia del Mercado de Valores de Peru 2025-03-19
Peru's Superintendency of the Securities Market sets out roadmap actions including a sovereign bond ETF for retail investors
Peru's Superintendency of the Securities Market outlined actions to enhance capital markets' role in corporate financing and expand domestic investment options. Initiatives include developing a sovereign bond ETF with World Bank support and a public-private programme to aid companies in accessing the securities market. Additional measures focus on SME financing with COFIDE's involvement and eliminating tax-driven regulatory arbitrage for consistent market operations.