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 |