Venezuela Says "Check Is In The Mail" As ISDA Default Looms – ValueWalk Premium

Venezuela Says "Check Is In The Mail" As ISDA Default Looms

In an apparent shell game with Venezuelan bond payments not appearing under any cup as of Tuesday morning, a Deutsche Bank report recommends investors move out to the long end of the oil-rich nation’s yield curve. With a deadline approaching to trigger an ISDA CDS default, no word on an actual payment has been heard as of Tuesday, the final due date.

Venezuelan oil giant says "check is in the mail"
Venezuela’s state oil company . . .


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