Brazil - Eligible Interest Bond - Terms
Article Index
Page 2 of 4
Issuer:
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Republica Federativa do Brasil
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Guarantor:
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None
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Issue Size:
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USD 4,331,319,000
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Maturity:
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April 15, 2006
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Interest Rate:
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6-month LIBOR plus 13/16%
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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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Actual/360
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Issue Date:
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April 15, 1994
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Amortisation:
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Repayable in 19 unequal semi-annual installments beginning April 15, 1997
Installments 1 to 7: ........................1% of principal
Installments 8: ...............................5% of principal Installments 9 to 19: ......................8% of principal |
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
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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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None
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Interest Payment Collateral:
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None
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