Venezuelan debt
markets were drifting lower on Monday morning as markets awaited news of a
US$251m coupon payment on the sovereign's 11.95% 2031 bonds that was due on
Sunday. Investors are keeping a careful eye on the country's debt timetable
amid further talk of possible defaults this year and ahead of a busy payment
schedule this month. In all the country has some US$705m of debt coming due in February,
according to Nomura. More…
Tuesday, February 7, 2017
Investors await coupon news on Venezuela 2031 bonds
Venezuelan debt
markets were drifting lower on Monday morning as markets awaited news of a
US$251m coupon payment on the sovereign's 11.95% 2031 bonds that was due on
Sunday. Investors are keeping a careful eye on the country's debt timetable
amid further talk of possible defaults this year and ahead of a busy payment
schedule this month. In all the country has some US$705m of debt coming due in February,
according to Nomura. More…
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