Chavez Plans $5.7 Billion Bolivar Bonds Sale.

BLOOMBERG/
Venezuela will sell as much as 12.15 billion bolivars ($5.7 billion) of bonds in the local market by year-end. The government will sell fixed and floating-rate securities that are ONLY tradable in the LOCAL market. With the bonds, Venezuela hopes to pull money out of circulation, decreasing demand for dollars that pushed the currency to a record low in the unregulated market this year.