Exit Bond
Exit Bond issued under the 1987/88 Brazilian debt restructuring agreement. Eligible for tendering in debt-for-equity swaps under resolution 1460.
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.