Ecuador - Discount Bond
Ecuador - Discount Bond
Discount Bond issued under Brady Plan restructuring agreement.
| Issuer: |
The Republic of Ecuador |
| Guarantor: |
None |
| Issue Size: |
USD 1,433,612,000 |
| Maturity: |
February 28, 2025 |
| Interest Rate: |
6-month LIBOR plus 13/16% |
| Coupon Frequency: |
Semi-annual |
| Coupon Dates: |
February 28 & August 28 |
| Day Count: |
Actual/360 |
| Issue Date: |
February 27, 1995 |
| Amortisation: |
None. Bullet at maturity. |
| Options: |
Callable at par with accrued interest on coupon dates if no default. |
| Currency: |
US Dollar only |
| Form: |
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 |
Registered Bonds
| Listing: |
Luxembourg |
| Bloomberg Ticker: |
ECUA |
| CUSIP: |
TT3183452 |
| ISIN: |
XS0055571789 |
| Common Code: |
005557178 |
| Wertpapier: |
127998 |
| Valoren: |
349949 |