October 8, 2013
Venezuelan sovereign bonds still present upside, analysts have said after investors dropped the bonds in large numbers last week.
The country has the ability and willingness to continue servicing is international obligations, analysts said, despite a growing lack of faith in the government’s macroeconomic policies.
Worries about Venezuela’s liquidity were “misplaced”, said Bank of America Merrill Lynch analysts. “There is remarkably little in the data to suggest that Venezuela’s liquidity p
A sell-off in Venezuelan sovereign bonds offers a buying opportunity, analysts say