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Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn

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Late Friday Vice President Tareck El Aissami confirmed the payment, adding, “They were not able to block us.” Venezuelan state oil company PDVSA began making a major bond payment, easing short-term worries about default but leaving the populist government with less cash to attend to food shortages and economic depression.

Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn Reviewed by Shahid Karimi on October 30, 2017 Rating: 5

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