(Bloomberg) Venezuela bonds rose sharply on Thursday after the Biden administration allowed US investors to buy the notes for the first time in four years as part of a sweeping sanctions relief package. Most Read from BloombergRinggit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearTesla Tempers Growth Expectations as Musk Sees Storm AheadWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Trump Is Winning Over Swing-State Voters Wary of Biden’s Economic PlanBiden
Venezuela Opposition to Push Back Deadline for Bonds Until 2028 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Venezuela will push back a legal deadline on $60 billion of defaulted debt in a bid by President Nicolás Maduro to prevent creditors from filing a wave of lawsuits while he attempts to regain recognition from the US.
Trader raising money to buy defaulted Venezuelan bonds amid signs of easing tensions between President Nicolás Maduro, the political opposition and the United States.