Venezuelan borrowing costs plummet as investors eye ‘gold rush’

A Venezuelan celebrates during a demonstration in Panama City in support of the capture of President Nicolas Maduro - Gabriel Rodriguez/EPA/Shutterstock The cost of Venezuelan government borrowing has plummeted to a seven-year low after Donald Trump ousted president Nicolás Maduro. The yield on benchmark 10-year bonds – the rate of interest the government pays buyers of its debt – dropped by 5.82 percentage points on Monday to hit 28.64pc, its lowest level since March 2019. The fall came as investors r ...