Home / Centerstage / 2017 / january / Week 1 /
Venezuela's central government raises $5 billion by selling bonds to state-run Banco de Venezuela at a low interest rate. The bonds, maturing in 2036, were privately sold in a transaction managed by a subsidiary of China's Haitong Securities Co. The issuance aims to address the economic crisis and default concerns faced by Venezuela. However, market experts express skepticism due to the significantly higher yields demanded by investors in the open market.
Monday, 2 January, 2017