A few days following the issue of Venezolano I debt bonds, the Ministry of Finance is launching USD 500 million in Venezolano II debt titles.

While the Ministry of Finance was to create small combos with a value ranging from USD 100 million to USD 150 million, the issue starting as of Wednesday is higher. The official announcement explains that new issuance comprises a part in US dollars and two parts in Venezuelan bolivars. Therefore, the issue includes USD 250 million in foreign bonds 2038, USD 268.7 million in Vebonos maturing in 2013, and USD 268.7 million in Vebonos maturing in 2014.

The minimum investment was set at USD 2,000 (VEB 4.3 million at the official exchange rate of VEB 2,150 per US dollar).