Venezuela Bond Buyers See Potential Payday in a Long-Shot Electoral Upset
- Opposition candidate leads President Maduro in latest poll
- Venezuela behind on more than $2 billion in debt payments
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The chances are tiny. The payoff could be huge.
That’s the calculation a small number of investors in Venezuela’s debt are making as they size up the chance of an electoral upset for the ages -- a vote in May that would oust President Nicolas Maduro and replace him with a more market-friendly alternative.