11.   Some buyers speculated oil-rich Venezuela could use a significant windfall in oil revenues to retire Brady bonds in a buy-back program.

12.   The country will use proceeds from the sale to retire Brady bonds backed by U.S. Treasuries, enabling it to recover the money that it invested in the collateral.

13.   The lease payments would retire the bonds.

14.   The sale was intended as a way to retire the bonds, part of an employee incentive program, without affecting the share price.