Brazil - Discount Z Bond - Terms
Article Index
Page 2 of 6
| Issuer: | Republica Federativa do Brasil |
| Guarantor: | None |
| Issue Size: | USD 7,388,209,994 |
| Maturity: | April 15, 2024 |
| Interest Rate: | 6-month LIBOR plus 13/16% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | April 15 & October 15 |
| Day Count: | Actual/360 |
| Issue Date: | April 15, 1994 |
| Amortisation: | None, bullet at maturity |
| 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: | 30-year zero-coupon US Treasury bonds |
| Interest Payment Collateral: | 12-month rolling interest guarantee |