GL-5Y

Superseded

Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After September 17, 2026

Informational only. This is reference data drawn from the U.S. Treasury OFAC publications. A real screening decision — with fuzzy matching, the 50% rule, monitoring, four-eyes review, audit trail, and reproducible list-version pinning — requires the platform. It is not a compliance determination.

Status: Superseded
Program: VENEZUELA-EO13850
Authorization: financial_servicing
Effective: 2026-08-03
Superseded by: GL-5Z

Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.

Summary

General License No. 5Y authorizes all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after September 17, 2026, that would otherwise be prohibited by subsection l(a)(iii) of Executive Order 13835, as amended. The license does not authorize any transactions or activities otherwise prohibited by the Venezuela Sanctions Regulations or any other part of 31 CFR chapter V. It replaces and supersedes General License No. 5X, dated June 18, 2026, effective August 3, 2026.

Authorized activities

All transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after September 17, 2026
Provision of financing for the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after September 17, 2026
Other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after September 17, 2026

Conditions

This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V. Authorized transactions related to the bond are only permitted on or after September 17, 2026.

Read the official OFAC General License ↗

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