November 14, 2017 / 5:00 PM / 10 days ago

Trade group ISDA accepts question on Venezuela sovereign default

CARACAS, Nov 14 (Reuters) - Derivatives industry association ISDA said on Tuesday it has accepted a question from investors as to whether the Republic of Venezuela is in default due to a late payment of coupons on sovereign bonds.

ISDA is already looking into whether Venezuelan state oil company PDVSA has triggered a credit event through a late payment of its 2017N bond.

Reporting by Eyanir Chinea; Writing by Brian Ellsworth; Editing by Frances Kerry

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