(Recasts with PDVSA saying payments made)

CARACAS, Nov 21 (Reuters) - Venezuela’s state oil company PDVSA said on Monday it had made bond coupon payments due this month on its 2021, 2024 and 2035 bonds despite a JPMorgan report of delays.

“The information about a PDVSA default spread by the enemies of the fatherland is totally false,” PDVSA president and Oil Minister Eulogio Del Pino said on Twitter.

Earlier, JPMorgan analysts said PDVSA had delayed $404 million in payments though they expected the company to make the missing disbursements within a 30-day grace period.

“This highlights the cash difficulties and mismanagement of PDVSA with regards to its liabilities,” the analysts wrote.

But PDVSA, in a statement, said it had paid “punctually” its obligations due this month for 2021, 2024 and 2026 papers, and was also “in the process of executing” interest payments for the 2035 bond.

“In this way, PDVSA honors its commitment ... ratifying the financial solidity of Venezuelans’ main industry,” it said.

The JPMorgan report had noted that PDVSA did make a $135 million coupon payment on its 2026 bond, citing information provided by paying agent Citi and settlement group Clearstream.

Citi did not immediately respond to request for comment.

Prior to PDVSA’s response, Torino Capital had said the reported delay appeared to be “a technical mistake” rather than an indication of default.

It noted that payments were being made “through accounts not conventionally used for these purposes” and that some PDVSA management changes had occurred, both of which could have contributed to a delay.

“Our tentative conclusion is thus that the delay in payments likely reflects administrative and technical issues of the type that the 30-day grace period is designed to handle,” wrote its chief economist Francisco Rodriguez in a note to clients.

“We do not believe it reflects a change in authorities’ willingness to service its international obligations.”

PDVSA in October swapped $2.8 billion in bonds due in 2017 for new bonds maturing in 2020.

Venezuela bonds trade at distressed levels as a result of investor concern that a steep recession and spiraling inflation will leave it without resources to meet heavy commitments.

The country’s sovereign bonds on average pay 26 percentage points more than comparable U.S. Treasury Notes, according to JPMorgan’s Global Diversified Emerging Markets Bond Index.

Socialist President Nicolas Maduro says the country will meet all its debt commitments and calls default talk a right-wing conspiracy against him.

He has also accused global banks of leading a “financial blockade” that has left Venezuela with few financing options amid the oil market downturn. (Reporting by Corina Pons and Eyanir Chinea; Writing by Brian Ellsworth and Andrew Cawthorne; Editing by Grant McCool and Mary Milliken)