Venezuela Government Said to Sell $5 Billion of New Dollar Bonds
- Bond matures in 2036 and has coupon rate of 6.5 percent
- Central government last sold dollar debt in October 2011
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Venezuela’s central government has issued new dollar debt for the first time in more than five years, selling $5 billion of the notes to state bank Banco de Venezuela SA and the central bank, according to a senior government official.
The bond, which was issued Dec. 29, matures in 2036 and has a coupon of 6.5 percent, according to data complied by Bloomberg. The government official, who wasn’t authorized to discuss the issuance publicly, didn’t provide additional details.