Bond Venezuella 5.25% ( VEV00014CGM6 ) in USD
Issuer | Venezuella |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.25% per year ( payment 2 times a year) |
Maturity | 11/09/2015 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 146 299 652 USD |
Detailed description |
Venezuela is a South American country with diverse geography ranging from Andes Mountains to Amazon rainforest, significant oil reserves, and a history marked by periods of both prosperity and political instability. This financial article provides a detailed examination of a specific sovereign bond, identified by the ISIN VEV00014CGM6. The issuer of this fixed-income security is the Bolivarian Republic of Venezuela, which also served as the country of issuance. Venezuela, a prominent oil-producing nation, frequently accesses international capital markets to fund its national budget and various developmental projects, with its economic stability and credit ratings being key considerations for global investors given its reliance on oil revenues and its political landscape. The bond, denominated in United States Dollars (USD), featured a coupon interest rate of 5.25% per annum. Interest payments were scheduled to be made with a frequency of two times per year, typically on a semi-annual basis. The total original size of this particular bond issuance amounted to 146,299,652 USD, with a minimum investment threshold set at 1,000 USD. The instrument reached its official maturity date on September 11, 2015. Upon its maturity, the bond was observed to be trading at 100% of its par value, confirming that it had been fully redeemed and its principal repaid to the bondholders. |