Bond Venezuella 0% ( VEV00014CIB5 ) in VEF

Issuer Venezuella
Market price 100 %  ⇌ 
Country  Venezuela
ISIN code  VEV00014CIB5 ( in VEF )
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.