Wednesday, May 30, 2007

UPDATE 1-Venezuela to issue Southern Bond for up to $1 bln

(Reuters) - Venezuela has issued a total of $2.5 billion in Southern
Bonds since last year. The debt is a mix of Argentine and
Venezuelan paper, part of President Hugo Chavez's efforts to
boost economic ties with other Latin American countries.




Finance Minister Rodrigo Cabezas told reporters, "With
Argentina, the process is in discussion," saying it will be
from $500 million to $1 billion.


Read more at Reuters.com Bonds News

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