Mexico - Par Bond A
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Mexico - Par Bond A
Note: Issued as part of the Mexican Brady Plan debt restructuring. Issued with detachable value recovery rights indexed to the price of oil. Bonds usually trade ex-warrant.
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Obligor:
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United Mexican States
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Guarantor:
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None
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Issue Size:
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USD 6,211,456,000
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Maturity:
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December 31, 2019
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Interest Rate:
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6 1/4% Fixed
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Coupon Frequency:
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Semi-annual
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Coupon Dates:
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March 30 & September 30
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Day Count:
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30/360
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Issue Date:
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March 28, 1990
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Amortisation:
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None, bullet at maturity
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Options:
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Callable at par with accrued interest if no default.
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Currency:
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USD
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Form of Instrument:
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Registered
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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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Moody's: Ba3
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Principal Collateral:
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30-year zero-coupon US Treasury bonds held at the US Federal Reserve
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Interest Payment Collateral:
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18-month rolling interest payment collateral guarantee
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