Venezuela's bonds rally after U.S. trading ban lifted

SaltWire's Atlantic regional weather forecast for October 19, 2023 | SaltWireLONDON/NEW YORK - Venezuela's sovereign bonds rallied on Thursday, a day after the United States lifted its ban on secondary market trading of some of the country's eurobonds.

"Expectations of recovery value on a full restructuring vary between 40-55 cents," he added, saying that a return to Venezuela's regular weighting on global indexes like JPMorgan's would give the prices further support. Yet the decision caught bond investors off guard as negotiations between the Venezuelan government and the opposition are just restarting.

Source: Digital Coin News (digitalcoinnews.net)

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TOM URBANIAK: Nova Scotia’s Bill 329 is dangerously off-sideExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

ASML sees no short-term impact of updated U.S. rules on China exportsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Fed's Barkin: Fed has time to see data before making next rate move callExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

South Africa's path to inflation stabilisation uncertain- cenbankExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Web Summit CEO apologises for comments on Israeli conflictExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Explainer-Biden's latest China curbs are part of plan to shift chip production statesideExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »