(Prensa Latina) - "Venezuela issued debt bonds valued at 2.5 billion dollars as provisioned in the Debt Law, the Official Gazette reported.

In the decree, authorities said that the operation could be for fixed interest, as in the first launching of the South Bond, or interest and covered capital.

According to regulations, all or part of the transaction could be used by the Republic to make primary deposits, exchange operations or reopen issues previously issued and currently in effect on the market.

Minister of Finance Rodrigo Cabezas recently confirmed that authorities are finalizing details for a new issue of the South Bond, initiative jointly launched with Argentina to obtain new financial resources".