Peru court plans to clean up billions in land bonds

LIMA (Reuters) - Peru's constitutional court plans to require the government to finally honour land reform bonds it issued 40 years ago but in most cases never paid, a ruling that could be worth billions of dollars to bondholders in Peru and abroad.

The court's president, Ernesto Alvarez, said the ruling will probably come out "in the next three months" and would aim to clear up a bitter chapter in Peruvian history.