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Morgan Stanley expects Venezuela’s bonds to soar in restructuring

The value of Venezuela’s government and state oil firm ​bonds could surge when they ​are eventually restructured, analysts at Wall Street investment bank Morgan Stanley said ​on Tuesday. Washington’s capture of Venezuelan President Nicolas Maduro in January has sparked speculation about when and how the country’s huge debt can be written down to help revive its fortunes.

Source :- Markets-Economic Times Read More

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