(Bloomberg) -- State-run oil company Petroleos de
Venezuela SA bonds fell as protests extended for a 12th day over
President Hugo Chavez's measures to curb media critical of his
government.
The yield on the Petroleos' 5.25 percent dollar-denominated
security due April 2017 jumped 18 basis points, or 0.18
percentage point, to 8.34 percent at 3 p.m. New York time,
according to a Bloomberg composite price from 10 banks. The
bond's price, which moves inversely to the yield, fell 0.9 cent
to 79.54 cents on the dollar, near the lowest since the bonds
began trading on April 4.
Read more at Bloomberg Emerging Markets News
Venezuela SA bonds fell as protests extended for a 12th day over
President Hugo Chavez's measures to curb media critical of his
government.
The yield on the Petroleos' 5.25 percent dollar-denominated
security due April 2017 jumped 18 basis points, or 0.18
percentage point, to 8.34 percent at 3 p.m. New York time,
according to a Bloomberg composite price from 10 banks. The
bond's price, which moves inversely to the yield, fell 0.9 cent
to 79.54 cents on the dollar, near the lowest since the bonds
began trading on April 4.
Read more at Bloomberg Emerging Markets News
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