Core Viewpoint - The implied recovery rate of Venezuelan government bonds has significant upside potential, according to Lee Robinson, founder of Altana Wealth Management [1] Group 1: Bond Market Insights - Venezuelan bond prices have more than doubled over the past year, with the 2027 dollar bond quoted at over 40 cents on the dollar [1] - If unpaid interest is considered, the ultimate recovery value could potentially double from current levels [1] Group 2: Investment Strategy - Robinson emphasizes that while there are downside risks, the substantial upside potential outweighs them [1] - The U.S. companies are expected to earn billions or even trillions from oil flowing to the U.S., indicating Venezuela's capability to repay its debts [1] Group 3: Historical Context - Altana was one of the early asset management firms to bet on Venezuelan debt, having disclosed its investment plans back in 2020 when bond prices were only 6.25 cents [1] - The recent surge in bond prices is beginning to fulfill the long-awaited plans of Robinson and Altana [1]
委内瑞拉债务重组在即 潜在回收率引爆市场
Xin Lang Cai Jing·2026-01-08 11:46