Issuer: The Republic of Ecuador
Guarantor: None
Issue Size: USD 1,433,612,000
Maturity: February 28, 2025
Interest Rate: 6-month LIBOR plus 13/16%
Coupon Frequency: Semi-annual
Coupon Dates: February 28 & August 28
Day Count: Actual/360
Issue Date: February 27, 1995
Amortisation: None. Bullet at maturity.
Options: Callable at par with accrued interest on coupon dates if no default.
Currency: US Dollar only
Form: Registered securities
Denominations: $250,000 and integral multiples of $1,000
Credit Rating: not rated
Principal Collateral: 30-year zero-coupon US Treasury bonds
Interest Payment Collateral: 12-month rolling interest guarantee