Montag, 19. September 2022

Venezuela

 

Venezuela

El Aissami: Venezuela, Iran Form Oil Technology Alliance

Tareck El Aissami, Venezuela's minister of oil, said on state television that work teams between Venezuela and Iran had begun a "productive cooperation" to create technologies for the oil sector.

 

The US warns Maduro that if he doesn't engage in negotiations with the opposition, sanctions will be increased.

The United States reminded the Nicolás Maduro administration that its "patience is not endless" and vowed to ratchet up penalties in the event that it does not resume the Mexico City discussions with the opposition that were suspended last year. Nicolás Maduro disparaged the claims made by the US administration in the same message. The U.S. empire "will cry threats, but they must know that their threats are drowned at the bottom of the sea of disdain and forgetfulness and their arrogance stays as a tragic tale of what they were and will never again be, a unique empire," Maduro said.

 

Several nations request Maduro to continue discussions in Mexico

To restore democracy in the nation, several nations urged Venezuelan political groups to pick up the discussions between the government and the opposition held in Mexico and mediated by Norway. Australia, Brazil, Canada, Chile, the Dominican Republic, Ecuador, France, Germany, Italy, Japan, New Zealand, Paraguay, Portugal, Spain, Sweden, the United States, the United Kingdom, and Uruguay are among the nations that made the appeal.

 

Nicolás Maduro reiterated exportable offer of hydrocarbons for markets in Europe and the United States

The President of the Republic, Nicolás Maduro, reiterated on Wednesday during a meeting with the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, that Venezuela is prepared to export oil and gas to the markets of Europe and the United States in order to contribute to global energy and economic stability.

 

Issuer

Ticker

Bid

Ask

Republic of Venezuela

VENZ 13 5/8 08/15/18

8.5

9.5

Republic of Venezuela

VENZ 9 ¼ 09/15/27

8.5

9.5

Republic of Venezuela

VENZ 7 3/4 10/13/19

8.0

9.0

Republic of Venezuela

VENZ 6 12/09/20

8.0

9.0

Republic of Venezuela

VENZ 12 3/4 08/23/22

8.3

9.3

Republic of Venezuela

VENZ 9 05/07/23

8.0

9.0

Republic of Venezuela

VENZ 8 1/4 10/13/24

8.0

9.0

Republic of Venezuela

VENZ 7.65 04/21/25

8.0

9.0

Republic of Venezuela

VENZ 11 3/4 10/21/26

8.3

9.3

Republic of Venezuela

VENZ 9 1/4 05/07/28

8.0

9.0

Republic of Venezuela

VENZ 11.95 08/05/31

8.3

9.3

Republic of Venezuela

VENZ 9 3/8 01/13/34

8.3

9.3

Republic of Venezuela

VENZ 7 03/31/38

8.0

9.0

Republic of Venezuela

ICSID Claims

Call desk for Prices

Petróleos de Venezuela SA

PDVSA 8 1/2 10/27/20

15.0

20.0

Petróleos de Venezuela SA

PDVSA 9 11/17/21

4.0

5.0

Petróleos de Venezuela SA

PDVSA 12 3/4 02/17/22

4.0

5.0

Petróleos de Venezuela SA

PDVSA 6 10/28/22

2.5

3.5

Petróleos de Venezuela SA

PDVSA 6 05/16/24

3.5

4.5

Petróleos de Venezuela SA

PDVSA 6 11/15/26

3.5

4.5

Petróleos de Venezuela SA

PDVSA 5 3/8 04/12/27

3.5

4.5

Petróleos de Venezuela SA

PDVSA 9 3/4 05/17/35

3.5

4.5

Petróleos de Venezuela SA

PDVSA 5 1/2 04/12/37

3.5

4.5

* Indicative price for positions with institutional size only. For smaller sizes please call desk 

El Salvador

Fitch downgrades El Salvador as default becomes more "probable"

Fitch Ratings downgraded El Salvador as the likelihood of a default increases due to the country's restricted market access and a $800 million bond expiring in January. Fitch reduced the country's credit rating from CCC to CC on Thursday, placing it on level with the war-torn Ukraine. El Salvador's significant current-account deficit and impending, sizable amortizations on its foreign debt were noted by the rating agency as factors that made "some form of default inevitable."

 

Issuer

Ticker

Bid

Ask

REPUBLIC OF EL SALVADOR

ELSALV 9 1/2 07/15/52

33.6

35.6

REPUBLIC OF EL SALVADOR

ELSALV 7.1246 01/20/50

30.1

32.0

REPUBLIC OF EL SALVADOR

ELSALV 8 1/4 04/10/32

34.5

37.3

REPUBLIC OF EL SALVADOR

ELSALV 8 5/8 02/28/29

33.7

35.7

REPUBLIC OF EL SALVADOR

ELSALV 6 3/8 01/18/27

34.6

36.3

REPUBLIC OF EL SALVADOR

ELSALV 5 7/8 01/30/25

48.8

50.6

REPUBLIC OF EL SALVADOR

ELSALV 7 3/4 01/24/23

88.4

90.1

* Indicative price for positions with institutional size only. For smaller sizes please call desk 

Ethiopia

IMF giving advice to Ethiopia's creditors, monitoring conflict

The International Monetary Fund is providing technical 

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