Capitalization Bond
Capitalization Bond issued under the Brady Plan restructuring agreement in Bearer and Registerd securities form. 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.
Debt Conversion Bond
Debt Conversion Bond issued under the Brady Plan debt restructuring agreement in Bearer and Registered securities form.
Brazil can repurchase the bonds in the market 2 1/2 years after issue.
Brazil can repurchase the bonds in the market 2 1/2 years after issue.
Discount Z Bond (1994)
Discount Z Bond ossued under the Brady Plan restructuring agreement in Bearer and Registered securities form. Eligible for tendering in privatisation programme at face value. Brazil can repurchase the bonds in the market 2 1/2 years after issue.
Tranches: Z-L (Benchmark), YL3, DBL3, DBL4
Tranche YL4, Z-U never issued never issued as subscriptions failed to reach the minimum amount of USD 100Million.
Eligible Interest Bonds
Eligible Interest Bond issued under the Brady Plan debt restructuring agreement in Bearer and Registered securities form. Not eligible for tendering in debt-for-equity swaps. Brazil can repurchase the bonds in the market 2 1/2 years after issue.
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.
Interest Due & Unpaid Bond (IDU)
Interest Due & Unpaid Bonds represent the restructuring on unpaid interest on bank loans. Eligible for tendering in privatisation programme.
New Money Bond (1988)
Tranche NMB, eligible for tendering in debt-for-equity swaps under resolution 1460
Brady New Money Bond (1994)
New Money Bond has Matured. Issued under the Brady debt Plan restructuring agreement. Eligible for tendering in debt-for-equity swaps under resolution 1460. Brazil can repurchase the bonds in the market 2 1/2 years after issue.
Brazil Par Bonds (1994)
Note: Eligible for tendering in privatisation programme at 75% of face value.
Tranche Z-U was never issued as subscriptions failed to reach the minimum amount of USD 100Mil.
Tranche P-A-L-4 was never issued.