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Nomura bought controversial Venezuelan bonds at discount - WSJ
May 31, 2017 / 8:55 PM / 7 months ago

Nomura bought controversial Venezuelan bonds at discount - WSJ

(Reuters) - Japanese investment bank Nomura Securities bought about $100 million worth of Venezuelan government bonds last week as part of the same transaction that has landed Goldman Sachs Group Inc (GS.N) in the middle of a political controversy, the Wall Street Journal reported on Wednesday.

FILE PHOTO: A man holding an umbrella walks in front of a signboard of Nomura Securities outside its branch in Tokyo October 29, 2013. REUTERS/Issei Kato/File Photo

Nomura's trading arm paid about $30 million for the debt, a steep discount to where the troubled country's bonds trade in the market, the newspaper reported, citing people familiar with the matter. (

    A spokeswoman for Nomura’s U.S. business declined to comment.

    After a report that Goldman Sachs had bought $2.8 billion in bonds from Venezuela, the president of the country’s opposition-run Congress accused the Wall Street bank of “aiding and abetting the country’s dictatorial regime”. [nL1N1IV0PS]

    Goldman has since said its asset-management arm acquired the bonds “on the secondary market from a broker and did not interact with the Venezuelan government.” [nL1N1IV0PS]

    Reporting by Subrat Patnaik in Bengaluru; Editing by Savio D'Souza

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