Friday, June 15, 2007

UPDATE 1-Venezuela not eyeing debt buy-back in IMF pullout

(Reuters) - President Hugo Chavez announced in April that the OPEC
nation would leave the IMF, seemingly unaware the move could
trigger a technical default on the South American country's
debt.




The cabinet source was denying reports in Venezuelan media
that the country could get round the default through a debt
buy-back.


Read more at Reuters.com Bonds News

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