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On Friday, the government-run oil giant PDVSA owes $985 million. Maybe an ignorant question... who do they owe... who own's these bonds?
by waynecochran 9y ago
On Friday, the government-run oil giant PDVSA owes $985 million.
Maybe an ignorant question... who do they owe... who own's these bonds?
- jonwachob91 9y agoThe article names a number of the bond holders. In general terms, almost every hedge fund owns some amount of the $140B in outstanding debt.
- whatok 9y ago"Almost every hedge fund" is a bit of an exaggeration but outside of the hedge fund universe, PDVSA bonds are definitely held by a lot of mutual funds I guarantee that some people here own.
- simonh 9y agoThe bonds are traded on the markets, so in theory it could be anybody that can hold bonds and could change at any time.