Poland - Discount Bond - Terms
Article Index
Page 2 of 3
| Obligor: | The Republic of Poland |
| Guarantor: | None |
| Issue Size: | USD 2,990,214,000 |
| Maturity: | October 27, 2024 |
| Interest Rate: | 6-month LIBOR plus 13/16% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | April 27 & October 27 |
| Day Count: | Actual/360 |
| Issue Date: | October 27, 1994 |
| Amortisation: | None, bullet at maturity |
| Options: | Callable at par with accrued interest on coupon dates if no default. |
| Currency: | USD only |
| Form of Instrument: | Registered securities |
| Denominations: | $250,000 and integral multiples thereof |
| Credit Rating: | Not rated |
| Principal Collateral: | 30-year zero-coupon US Treasury bonds |
| Interest Payment Collateral: | None |
| Notes: | Issued as part of Brady Plan debt restructuring. |
| Debt-Equity Programme: | Tenderable at par. |