El Petro did not help Venezuela avoid a default

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12/03/2018 to the National Settlement Depository, information was received on the corporate action "Default" (default) on bonds of the Bolivarian Republic of Venezuela with repayment in 2031. The securities are in default since March 5, 2018, confirms the terminal Bloomberg . The volume of bonds in circulation - $ 4.2 billion. The President of Venezuela earlier said that El Petro collected $ 5 billion during the presale. However, neither confirmation of fees nor coupon payments on bonds have so far followed.

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El Petro did not help Venezuela avoid a default | Ecency