Brazil - Par Z Bond - Terms
Article Index
Page 2 of 5
Issuer:
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Republica Federativa do Brasilu
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Guarantor:
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None
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Issue Size:
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USD 100,491,104,000 (including phase-in tranches)
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Maturity:
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April 15, 2024
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Interest Rate:
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4% .............................to April 95
4 1/4% .......................to April 96
5% .............................to April 97
5 1/4% .......................to April 98
5 1/2% .......................to April 99
5 3/4% .......................to April 00
6% .............................to Maturity
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Coupon Frequency:
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Semi-annual
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Coupon Dates:
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April 15 & October 15
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Day Count:
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30/360
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Issue Date:
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April 15, 1994
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Amortisation:
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None, bullet at maturity
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Options:
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Callable at par plus accrued interest on coupon dates if no default
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Currency:
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US Dollar only
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Form:
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Bearer and registered securities
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Denominations:
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$250,000 and integral multiples of $1,000
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Credit Rating:
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not rated
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Principal Collateral:
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30-year zero-coupon US Treasury bonds
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Interest Payment Collateral:
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12-month rolling interest payment guarantee
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