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The Caracas Stock Exchange. (Venezuela).


THE CARACAS STOCK EXCHANGE Caracas Stock Exchange

Originally established in 1947 and merged with a competitor in 1974 to become the only securities exchange of Venezuela.
 is trading in new financial instruments linked to Brady bonds Brady Bonds

Bonds that are issued by the governments of developing countries. Brady Bonds are some of the most liquid emerging market securities. They are named after former U.S.
, international stocks and other government debt. The securities seek to hike interest in the market, where trading has plummeted to about US$800,000 a day, compared to $7 million just five years ago.
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Author:Dempsey, Mary A.
Publication:Latin Trade
Date:May 1, 2002
Words:48
Previous Article:Banco De Galicia. (Uruguay).
Next Article:Moody's Investors Service. (Venezuela).
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