| 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
Installments 9 to 14: ........................5% of principal
Installment 15 to 20: ........................8.33% 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 |
