Venezuela bonds stable as US sanctions hit

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Venezuela bonds stable as US sanctions hit

Jorge Arreaza, Venezuela, foreign minister, LatAm
United Nations, New York, USA, August 25 2017 - Jorge Arreaza, Minister for Foreign Affairs of the Bolivarian Republic of Venezuela speaks to journalists today at the UN Headquarters in New York City. Photo: Luiz Rampelotto/EuropaNewswire | usage worldwide | Luiz Rampelotto/EuropaNewswire/DPA/PA Images

Prices in Venezuela and PDVSA bonds remained stable in the secondary markets this week, despite US sanctions on new debt issuance, as bondholders appear none the wiser as to the next step in the country’s economic crisis.

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