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Venezuela issues $5 billion to state-run bank

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Amaka Obiefuna.

Venezuela has issued $5 billion in dollar bonds to state-run Banco de Venezuela in a private placement, a government source with knowledge of the operation said.

Venezuela bank
Venezuela bank

The issue was carried out last week, said the source, who asked not to be identified.

The Central Bank did not immediately respond to an email seeking comment.

Source: Reuters

 

 

 

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