Brazil - Capitalization Bond

Article Index

Issuer:
Republica Federativa do Brasil
Guarantor:
None
Issue Size:
USD 7,387,519,000
Maturity:
April 15, 2014
Interest Rate:
8% fixed
to April 96...................4% paid in cash,...................4% capitalised
to April 98..............4 1/2% paid in cash,.............3 1/2% capitalised
to April 00...................5% paid in cash,...................3% capitalised
thereafter......................full 8% paid in cash
Coupon Frequency:
Semi-annual
Coupon Dates:
April 15 & October 15
Day Count:
30/360
Issue Date:
April 15, 1994
Amortization:
Repayable in 21 equal semi-annual installments beginning April 15, 2004.
Par Amount:
104.04% @ May 1, 1995 (including capitalised interest)
Options:
Callable at par plus accrued interest on coupon dates if no default
Currency:
US Dollar
Form:
Bearer and registered securities
Denominations:
$250,000 and integral multiples of $1,000
Credit Rating:
not rated
Principal Collateral:
None
Interest Payment Collateral:
None