Re. Hypothecation of Venezuelan Bonds

[privateinvestors]

This question has been asked by many and I want to post the answer here, for the world to know my answer.

If the Venezuelan bond is issued and it is registered with Euroclear (DTC / Clearstream) the only way to hypothecate the bond is via Euroclear followed by a SWIFT MT 760.

The lender will not be interested in any other procedure.

Block via Euroclear to the benefit of the lending party, followed by a confirmatory SWIFT MT 760.

Two necessary steps.

Tony / P.I.

[Sapphire Capital]

You can also transfer the bond via Euroclear and receive a clearing transfer confirmation, the idea is that the bond is in the Euroclear depositary and as such the electronic transfer confirms the availability for either sale or monetization through a loan. There are other ways as well. However since most players have Euroclear access it will be easier. What you do not want to do is accept a Euroclear transfer when the bond is still in Venezuela, because the Venezuela Depositary, Caja Venezolana de Valores (CVV), is not reliable.

[privateinvestors]

Sept 4, 2013 3:25:12 GMT 4 Sapphire Capital said:

You can also transfer the bond via Euroclear and receive a clearing transfer confirmation, the idea is that the bond is in the Euroclear depositary and as such the electronic transfer confirms the availability for either sale or monetization through a loan. There are other ways as well. However since most players have Euroclear access it will be easier. What you do not want to do is accept a Euroclear transfer when the bond is still in Venezuela, because the Venezuela Depositary, Caja Venezolana de Valores (CVV), is not reliable.

Correct. The transfer code (Euroclear) is 92146 (Free Delivery). It simply moves electronically from one "custodial entity to another".

All issued VeBonds, are (and must be) out of Venezuela in custody at (either): Citigroup / Chase / Credit Suisse / Bank of New York / Deutsche / etc. Luxembourg is the common denominator.

[Bruno]

hi, what % would you pay for Ven Bonds in a Swiss Bank out of Zug and mt760 (Euroclear as well)

[Bruno]

i am at [e-mail]

[ukipa]

Sept 4, 2014 10:51:12 GMT 4 Bruno said:

hi, what % would you pay for Ven Bonds in a Swiss Bank out of Zug and mt760 (Euroclear as well)

Bruno, it all depends on the following:

1. The bond (ISIN) issue date.
2. The Interest coupon.
3. The Maturity.
4. Bank holding electronic custody of the bond.
5. Processing Procedures.

You may wish to contact UKIPA at : [e-mail] and send your comments, for our review.

[DUTCH]

[e-mail] I WANT TO BUY AS MANY Venezuelan bonds on euroclear THATS AVAILABLE

[pradeep kumar]

I HAVE BUYER AND MONETIZER AND TRADER FOR ALL LISTED BONDS ON EUROCLEAR ANY AMOUNT.NOW SPECIAL OFFER FOR VEN BOND ON EUROCLEAR WITH HIGH RETURN IN [e-mail]

[anenro]

Dec 28, 2015 16:27:24 GMT 4 pradeep kumar said:

I HAVE BUYER AND MONETIZER AND TRADER FOR ALL LISTED BONDS ON EUROCLEAR ANY AMOUNT.NOW SPECIAL OFFER FOR VEN BOND ON EUROCLEAR WITH HIGH RETURN IN [e-mail]

I strongly suggest for the "seller" to use caution with the alleged "buyer". There are a few rotten apples reading this blog and they think they can manipulate the transaction to their benefit and not to the benefit of the 2 principal parties.

Be cautious.

[RODRIGO]

Sept 3, 2013 18:23:29 GMT 4 privateinvestors said:

This question has been asked by many and I want to post the answer here, for the world to know my answer.

If the Venezuelan bond is issued and it is registered with Euroclear (DTC / Clearstream) the only way to hypothecate the bond is via Euroclear followed by a SWIFT MT 760.

The lender will not be interested in any other procedure.

Block via Euroclear to the benefit of the lending party, followed by a confirmatory SWIFT MT 760.

Two necessary steps.

Tony / P.I.

[FRANCOIS FORTIN, TRUSTEE]

Mr. Enriquez, if you are the attorney of GLOBAL FUTURE INTERNATIONAL LIMITED, I have here some important issues to discuss regarding the EUROCLEAR BOND ISIN NO.: USP7807HAK16.... email:[e-mail]
Thank You for your cooperation...