Bond Venezuella 0% ( VEV00014CIB5 ) in VEF
Issuer | Venezuella |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 08/12/2017 - Bond has expired |
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Minimal amount | 1 000 VEF |
Total amount | 3 942 200 000 VEF |
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. A review of the VEV00014CIB5 bond, issued by the Bolivarian Republic of Venezuela, reveals key characteristics of this sovereign debt instrument. As the issuer and country of issuance, Venezuela, a nation heavily reliant on oil exports, represented a unique sovereign credit profile in the international debt markets, particularly leading up to and during 2017. This specific bond, identified by ISIN VEV00014CIB5, had a total issuance size of VEF 3,942,200,000 (Venezuelan Bolivars) with a minimum purchase size set at VEF 1,000. Notably, the bond carried a 0% interest rate, indicating it was likely a zero-coupon instrument or a specific type of government debt designed for principal repayment at par. With a maturity date of December 8, 2017, and a single payment frequency, the bond reached its full term. Financial records confirm that this obligation successfully matured and was fully repaid at its par value (100%), demonstrating Venezuela's fulfillment of this particular debt commitment at the time, preceding its broader sovereign debt restructuring challenges. |