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Venezuela Seen Heading toward New Issuance

Aug 23, 2013

Venezuela’s Central Bank is scheduled to complete the auction today of $330m in previously issued PdVSA 2035 dollar-denominated bonds through the SICAD currency exchange system, and the use of bonds suggests a government pragmatism that could mean new issuance ahead. With the government...

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Are populist governments like Venezuela & Argentina turning pragmatic?