Goldman Dodges U.S. Sanctions as Venezuela Hunger Bonds Excluded

(Bloomberg) -- Remember those controversial bonds issued by Venezuela’s state-run oil company that Goldman Sachs Asset Management bought at a discount? (Story here.)

It looks like their owners have dodged a bullet after the debt was included in a list of notes that are exempt from President Donald Trump’s executive order barring trading of certain securities from the government and Petroleos de Venezuela.

The only bonds that seem to be covered by the order are these physical bonds due in 2036 that, as far as we know, never left Caracas.