Retrieved
When Ron Santa Teresa issued its bonds, buyers assumed that a dollar-clearing system would be in place by the time they matured, so they could collect the proceeds electronically. Building that infrastructure before the bond matures now seems increasingly unlikely. So once again investors with a certain level of derring-do will be on the streets of Caracas, furtively transporting thousands of dollars of banknotes through a city suffused with criminal gangs and frequently ranked as having among the world’s highest murder rates. But at least they’ll earn some interest.By Nicolle Yapur. Full Text-> BloombergQuint
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