Ecuador - Interest Equalisation Bonds - Terms
Article Index
Page 2 of 4
Issuer: | The Republic of Ecuador |
Guarantor: | None |
Issue Size: | USD 191,000,000 |
Maturity: | December 21, 2004 |
Interest Rate: | 6-month LIBOR plus 13/16% |
Coupon Frequency: | Semi-annual |
Coupon Dates: | June 21 & December 21 |
Day Count: | Actual/360 |
Issue Date: | December 21, 1994 |
Amortisation: | Repayable in 20 equal semi-annual installments beginning June 21, 1995
Installments 1 to 8: ..........................2 1/2% of principal |
Options: | Callable at par with accrued interest on coupon dates if no default. |
Currency: | US Dollar only |
Form: | Bearer and registered securities |
Denominations: | $250,000 and integral multiples thereof |
Credit Rating: | not rated |
Principal Collateral: | None |
Interest Payment Collateral: | None |