By Erin McCarthy and Prabha Natarajan Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Both Peru and Lithuania tapped international markets on Wednesday, continuing the steady stream of issuance from emerging markets this month. Their global bonds follow a long line of issuers out of the developing world so far this year, which includes Turkey, Poland, Mexico, Brazil, Colombia, Indonesia and South Africa. More recently, Israel sold on Monday a $1.5 billion, 10-year bond at its lowest yield ever for a dollar bond, 4.115%. Just this month, emerging-market sovereign and quasi-sovereign issuers have tapped markets for more than a whopping $20.7 billion, more than five times the $4.1 billion in issuance in January 2011, according to Dealogic. Peru tapped the market Wednesday with two tranches--a $500 million reopening of its existing 2050 bond at 225 basis points over comparable Treasurys and $600 million in Peruvian soles of its existing 2031 bond at a yield of 6.875%. The reopening of the 2050 bond priced at 104.98, while the coupon remains 5.625%, according to a person familiar with the deal. The 2031 bond tap priced at 100.956, with a coupon of 6.95%, that person said. Demand for both sovereign issues were strong, investors say, which led the issuers to tighten their initial price guidance. The funds will be used to help finance Peru's balance of payments, according to a note published in the official gazette on Wednesday. Peru's finance ministry has been active in recent years by making various debt placements and in restructuring existing debt. Peru has an investment-grade debt rating from the three largest debt-rating firm. Lithuania also entered markets Wednesday, raising $1.5 billion in 10-year notes at a yield of 6.75%. Lithuania is rated Baa1 by Moody's Investors Service Inc., BBB by Standard & Poor's and BBB by Fitch Ratings. The country was last in the market in November last year, when it tapped an existing 2021 bond for $750 million. Meanwhile, Grupo Aval, one of Colombia's largest banking groups, launched a $600 million, five-year bond issue at a yield of 5.375% to robust investor interest Wednesday. Among companies, Brazilian bank Banco Bradesco SA (BBD, BBDC4.BR), Brazilian mining company Vale SA (VALE, VALE5.BR) and Petroleos Mexicanos have also tapped markets this month. -By Erin McCarthy, Dow Jones Newswires; 212-416-2712; firstname.lastname@example.org @djfxtrader --Sarka Halas and Robert Kozak contributed to this article.