Finance revises bonds CVG
Petrobono demand is concentrated in banks and businesses
The Ministry of Economy and Finance is reviewing the issuance of bonds of the
CVG.

The owner of Public Finance, Alí Rodríguez said that "the issue is being
studied." Although it was indicated that the placement would be over 4 billion
dollars, the official said "it is still under evaluation" and commented that it
still can not specify the date of placement papers.

The instruments that will deliver the CVG one side in gold and resources will be
used to meet the plans and the debts that we have with suppliers.

The purpose of the issue is similar to having the operation of PDVSA, which
amounts to $ 3 billion.

Today is expected to close the supply industry. Financial sources indicated that
the demand is concentrated in large firms and banks.

Once the authorities decided that these bonds in dollars do not count toward the
limit of his bank for positions in currencies, increased appetite of financial
towers. In addition, the drought in applications for loans, banks are offering
loans to companies that want to buy the paper.

Compensation In addition, the minister told this newspaper in January 2009 that
will run the system of regional compensation and expected to be operational
before his breakthrough in compensation schemes such as that of Ecuador and
Venezuela. Yesterday at a meeting adopted rules for the system. MAH / VS

http://www.eluniversal.com/2009/07/03/eco_art_finanzas-revisa-bono_1458795.shtml