S5/10Economic

Venezuela faces world’s largest debt restructuring

Caracas will reveal $240bn debt pile as it seeks re-entry into global markets

24 Jun 2026, 04:00 UTCSource: FT WorldOriginal source
⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
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Эскалация22% model probability

Forecast derived from cascade analysis. Watch confirmation indicators below.

Confirmation indicators

  • Increase in Venezuelan sovereign bond yields: A surge of over 10% in the yield on Venezuela's dollar
  • denominated bonds within a week. International credit rating downgrade: Moody's or S&P downgrading Venezuela's sovereign debt to "junk" status within two weeks. Time horizon: 6
  • 8 weeks. Venezuela will announce its $240 billion debt restructuring plan, triggering market volatility and heightened investor scrutiny.
Horizon: 42–56 days