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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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1767948 No.1767948 [Reply] [Original]

Can I buy $1000 worth of 1 year Venezuelan bonds somewhere?

I want that sweet 49% interest rate.

>> No.1767954

They have 800% yearly inflation

Why don't you look at real interest rates rather than nominal.

Go for Brazilian bonds instead.

>> No.1767956

Your retarded.

>> No.1768113

Don't bonds have a history of not being paid to foreign creditors (ie. Argentina)?

>> No.1768127

>>1767948
is this the dumbest post on /biz/?

>> No.1768393

>>1768127
I actually feel like it sums up /biz/ rather nicely. Horrible ideas to make money fast, non of which will ever pan out.

>> No.1768414

it's a very shitty way of being long oil.

"The import cut and the PDVSA swap significantly reduced default fears in the very short term, in our view. While the financial situation is still tight and default fears are real for the medium term, we think Venezuela has options to continue honoring its external obligations at least until 1H17 if it monetizes some assets (gold holdings amount to US$7.7bn) and keeps imports in check. Our baseline is that the government will keep on paying the debt in 2H but we think risks of a credit event are still considerable in the absence of an oil price rebound, a policy shift or unanticipated financing."