Front Loaded Interest Reduction Bonds (FLIRB)
FLIRB issued under the Brady Plan debt restructuring agreement. Eligible for tendering in privatisation programme at 75% of face value. Brazil can repurchase the bonds in the market 2 1/2 years after issue.
Interest Due & Unpaid Bond (IDU)
Interest Due & Unpaid Bonds represent the restructuring on unpaid interest on bank loans. Eligible for tendering in privatisation programme.