Financial Times: Venezuela issues $5bn in bonds as it seeks cash to ease shortages

bolivars-dollars“What this says is that you have a government reaching the bottom of the barrel,” said Russ Dallen at investment bank Caracas Capital. He added that, combined, Venezuela and PDVSA disbursed some $9.5bn in bond payments in 2016, and would have to pay a similar amount this year.

https://www.ft.com/content/d9d2edec-d146-11e6-b06b-680c49b4b4c0

 

Leave a Reply

Your email address will not be published.