×
For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
For swift navigation between sections

International bonds: Venezuela, FRN 31mar2020, USD
VEP97497BB94

Download
Copy issue information to clipboard
Copy issue information to clipboard
✓
Copy
Default

Floating rate

Issue
Issuer
  • M
    -
    ****
  • S&P
    -
    ****
  • F
    -
    ****
*in foreign currency
Status
Early redeemed
Amount
133,000,000 USD
Placement
***
Early redemption
*** (-)
Country of risk
Venezuela
Current coupon
***%
Price
***%
Yield / Duration
-
Corporate Actions
Calculator What is a calculator?
Calculator
What is a calculator?
Register
to order full access
DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 450,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 90 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Files

Trading chart

Stock exchange selection
Stock exchange selection
More about Cbonds Estimation
Bond is not traded; the issue is redeemed
Data display in a chart | table
Data display in a chart | table
Work with the chart: switching the price, period, issue comparison
Work with the chart: switching the price, period, issue comparison
Download the chart in a convenient format
from
to
ADD-IN
Cbonds add-in API
bond data api
More than 2,500 records have been found, please specify your request
* Data is not available within the selected subscription
Latest data on

Issue information

Profile
Issuance of Venezuelan global bonds reached USD 7.4bn in 2010. The government of Venezuela sold USD3.0bn worth of global bonds in international debt capital markets in 2010. PDVSA raised USD4.1bn in global bonds. During the first ...
Issuance of Venezuelan global bonds reached USD 7.4bn in 2010. The government of Venezuela sold USD3.0bn worth of global bonds in international debt capital markets in 2010. PDVSA raised USD4.1bn in global bonds. During the first three quarters of 2011 flow of global bonds from Venezuela totaled USD10.35bn, including 4.2bn of Venezuelan sovereign bonds and USD6.15bn of Bonos PDVSA.
Venezuelan bond market is state-run. State companies, joint ventures, community councils and private companies must be authorized to sell debt. The public bond transaction system called SITME is used instead of Forex market.
“The bulk of the securities currently exchanged through the SITME system are dollar denominated bonds issued by Venezuela's oil company and the government. The Central Bank holds the securities and sells them to Authorized Financial Institutions at a price that reflects the SITME exchange rate of 5.3 VEF/US$. Individuals and companies that wish to access dollars need to place specific orders with their banks. Then the banks, on behalf of their clients, buy the dollar denominated bonds from the Central Bank with Venezuelan Bolivares. When US dollars are required, the client instructs their bank to sell these bonds out in the international market, thus generating the US dollars that the client needs. The dollars are then transferred to the client's bank account for a commission.”- EDC Economics reports.
Show more Hide
  • Borrower
    Go to the issuer page
    Venezuela
  • Full issuer name
    Bolivarian Republic of Venezuela
  • Sector
    sovereign
Volume
  • Amount
    211,139,000 USD
  • Outstanding amount
    133,000,000 USD
Nominal
  • Minimum Settlement Amount
    100,000 USD
  • Outstanding face value
    *** USD
  • Par amount, integral multiple
    *** USD
  • Nominal
    1,000 USD

Cash flow parameters

  • Reference rate
    6M LIBOR USD
  • Coupon Rate
    ***
  • Day count fraction
    ***
  • Business Day Convention
    Modified Following Business Day
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Delay days
    *** days
  • Maturity date
    ***
  • Early redemption date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

Debt Servicing

Register
to order full access
DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 450,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 90 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Placement

  • Placement method
    Open subscription
  • Placement type
    Public
  • Order book
    *** (***) - *** (***)
  • Coupon (Yield) Guidance
    ***% - ***% (*** - ***%)
  • Issuer rating on issue date (M/S&P/F)
    *** / - / -
  • Placement
    *** - ***
  • Initial issue price (yield)
    (***%)
  • Bids
    *** USD
  • Number of bids
    ***
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • Listing
    ***

Conversion and exchange

  • Convertion date
    ***
  • Initial premium
    ***%
  • Convertible until
    ***
  • Lock-up
    *** days
  • Conversion terms
    ***

Additional information

***

Latest issues

Show all

News

21/09/2020 Venezuela's government makes an offer to bondholders before the expiration
15/08/2019 Moody's Investors Service withdrew LT- local currency credit rating for Venezuela
15/08/2019 Moody's Investors Service withdrew LT- foreign currency credit rating for Venezuela
28/06/2019 Fitch Ratings withdrew LT Int. Scale (local curr.) credit rating for Venezuela
28/06/2019 Fitch Ratings withdrew LT Int. Scale (foreign curr.) credit rating for Venezuela
28/06/2019 Fitch Ratings affirms Venezuela at "CC" (LT Int. Scale (local curr.) credit rating)
28/06/2019 Fitch Ratings affirms Venezuela at "RD" (LT Int. Scale (foreign curr.) credit rating)
16/10/2018 Fitch Ratings affirms Venezuela at "CC" (LT Int. Scale (local curr.) credit rating)
16/10/2018 Fitch Ratings affirms Venezuela at "RD" (LT Int. Scale (foreign curr.) credit rating)
12/03/2018 Moody's Investors Service downgrades LT- local currency credit rating of Venezuela to "C"; outlook stable
All organization news

Identifiers

  • Registration
    ***
  • Date of program registration
    ***
  • ISIN
    VEP97497BB94
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • FIGI
    BBG0007CDWN5
  • Ticker
    VENZ F 03/31/20 +X-B
  • Type of security by CBR
    ***

Ratings



Bond classification

  • Coupon bonds
  • Floating rate
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Indexed
  • Supranational bond issues
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Subordinated
  • Sukuk
  • Trace-eligible
Show more Hide

Restructuring

***

***

Copyright (c) 2004-2021 CbondS