31. Venezuelan floating-rate past-due interest bonds fell 0.125 to 86.938. 32. In these refinancings, the state or city retires old debt by issuing new, lower-interest bonds . 33. Argentine floating-rate past due interest bonds rose to 90 . 81 from 90 . 62. 34. Argentine floating-rate past-due interest bonds rose 0.0625 to 89.750. 35. Deferred interest bonds rose to 232.75, up from 225.79 at the beginning of the year. 36. Deferred interest bonds fell to 226.92, up from 225.79 at the beginning of the year. 37. Deferred interest bonds rose to 229.78, up from 225.79 at the beginning of the year. 38. On March 1, 1939, PEPCO defaulted on interest bonds that had been issued in March 1934. 39. Past due interest bonds rose 0 . 44 to 85 . 50 bid and 86 offered. 40. Argentine floating-rate past-due interest bonds rose 1 point to 84 bid and 84 . 125 offered.