Brazil - Interest Due & Unpaid Bond
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Interest Due & Unpaid Bond (IDU)
Interest Due & Unpaid Bonds represent the restructuring on unpaid interest on bank loans. Eligible for tendering in privatisation programme.
| Issuer: | Republica Federativa do Brasil |
| Guarantor: | None |
| Issue Size: | USD 7,200,000,000 |
| Outstanding Amount: | USD 7,128,000,000 |
| Maturity: | January 1, 2001 |
| Interest Rate: | 6-month LIBOR plus 13/16% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | January 1 & July 1 |
| Day Count: | Actual/360 |
| Issue Date: | November 20, 1992 (retrospective to January 1, 1991) |
| Amortisation: | Repayable in 15 unequal semi-annual installments beginning January 1, 1994
Installments 1 to 3: ........................1% of principal |
| Par Amount: | 98% @ May 1, 1995 |
| Options: | Callable at par plus accrued interest on coupon dates |
| Currency: | US Dollar only |
| Form: | Bearer and registered securities |
| Denominations: | $1,000 and integral multiples thereof |
| Credit Rating: | Moody's |
| Principal Collateral: | None |
| Interest Payment Collateral: | None |
Tranche IDU
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Listing:
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Luxembourg
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Paying Agent:
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Morgan Guarantee New York
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Bloomberg Ticker:
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BRAZIL
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CUSIP:
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TT3117492
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ISIN:
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XS0036226818
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Common Code:
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003622681
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Sedol 1:
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4134983
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Valoren:
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004548
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France:
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807170
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