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Brazil Bonds, 10.25% 10jan2028, BRL (FIGI BBG0000GNRK6, WKN A0LM2Z)

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International bonds, Dual currency bonds, Senior Unsecured

Issue | Borrower
Borrower
  • M
    ***   | ***
    ***
  • S&P
    ***   | ***
    ***
  • F
    ***   | ***
    ***
Status
Outstanding
Amount
4,887,500,000 BRL
Placement
***
Redemption (put/call option)
*** (-)
ACI
Country of risk
Brazil
Current coupon
***%
Price
Yield / Duration
The Brazil bond is a BRL-denominated Senior Unsecured debt security with a maturity date of 10/01/2028. The bond has the following coupon terms: 10.25%; with interest paid 2 times a year to holders. The bond has been rated by 4 credit rating agencies. The bond currently holds the status outstanding and reflects a country of risk of Brazil. The current price of the bond is between 84% and 113%, corresponding to a yield of about 0.1% and 0.1%. The modified duration is 1.09, indicating the bond's sensitivity to changes in market interest rates. On this page you can track quotes from 11 sources (such as exchanges and market participants), including bid and ask quotes if any, and follow changes in the bond's price and yield over time. Key parameters of the issue include a minimum settlement amount of 250,000 BRL, a placement amount of 4,887,500,000 BRL and an outstanding amount of 4,887,500,000 BRL, which together indicate how much of the debt remains in circulation. The issue contains no embedded call or put options, and its cash flows follow the original redemption terms. For reference and reconciliation, the bond is identified by FIGI - BBG0000GNRK6, CFI - DBFSFR, Common Code - 028745982, Ticker - BRAZIL 10.25 01/10/28.
  • Placement amount
    4,887,500,000 BRL
  • Outstanding amount
    4,887,500,000 BRL
  • USD equivalent
    940,175,050.5 USD
  • Minimum Settlement Amount
    250,000 BRL
  • Common Code
    028745982
  • CFI
    DBFSFR
  • FIGI
    BBG0000GNRK6
  • SEDOL
    B1RB7L2
  • Ticker
    BRAZIL 10.25 01/10/28
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Issue information Brazil government bonds

  • Borrower
    Go to the issuer page
    Brazil
  • Full borrower / issuer name
    Brazil
  • Sector
    Sovereign
Volume
  • Placement amount
    4,887,500,000 BRL
  • Outstanding amount
    4,887,500,000 BRL
  • Outstanding face value amount
    4,887,500,000 BRL
  • USD equivalent
    940,175,050 USD
Face value
  • Minimum Settlement Amount
    250,000 BRL
  • Outstanding face value
    *** BRL
  • Increment
    *** BRL
  • Face value
    1,000 BRL
Listing
  • Listing

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Cash flow parameters

  • Reference rate
    ***
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

Auctions and additional placements

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Placement

  • Placement method
    Open subscription
  • Placement type
    Public
  • Placement
    *** - ***
  • Initial issue amount
    *** BRL
  • Initial issue price (yield)
    (***%)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • Use of proceeds
    General Budgetary Purposes
  • Use of proceeds description
    The net proceeds to Brazil from the sale of the global bonds, not including accrued interest, will be approximately U.S.$687,061,905.90, after deduction of underwriting discounts and commissions and expenses payable by Brazil estimated to be U.S.$140,000. Brazil intends to use the net cash proceeds of the offering to refinance the public debt of Brazil. Unless otherwise specified in the applicable prospectus supplement, Brazil will use the net proceeds from the sale of the securities for the general purposes of Brazil, including the refinancing of domestic and external indebtedness of Brazil.
Participants
  • Bookrunner
    ***, ***, ***, ***, ***, ***, ***
  • Depository
    ***, ***, ***
  • Paying agent
    ***

Conversion and exchange

  • Conversion terms
    ***

Covenants

  • Change of Control

    ***

  • Collective Action Clause

    ***

  • Covenant Suspension/Fall-Away

    ***

  • Cross Default

    ***

  • Designation of Restricted and Unrestricted Subsidiaries

    ***

  • Events of Default

    ***

  • Financial Covenants

    ***

  • Limitation on Business Activities

    ***

  • Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries

    ***

  • Limitation on Indebtedness

    ***

  • Limitation on Investments

    ***

  • Limitation on Liens

    ***

  • Limitation on Restricted Payments

    ***

  • Limitation on Sale of Assets

    ***

  • Limitation on Sale/Leaseback

    ***

  • Limitation on Subsidiary Debt

    ***

  • Limitation on layering (anti-layering)

    ***

  • Limitations on transactions with affiliates

    ***

  • Merger Restrictions

    ***

  • Others

    ***

  • Rating Trigger

    ***

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Latest issues

Identifiers

  • ISIN
    ***
  • Cbonds ID
    11058
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • Common Code
    028745982
  • CFI
    DBFSFR
  • FIGI
    BBG0000GNRK6
  • WKN
    A0LM2Z
  • SEDOL
    B1RB7L2
  • Ticker
    BRAZIL 10.25 01/10/28
  • Type of security by CBR
    ***
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Ratings

Bond classification

  • Senior Unsecured
  • Registered
  • Coupon bonds
  • Dual currency bonds
  • Non-complex financial instruments (MiFID)
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Variable rate
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Guaranteed
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible
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Restructuring

***

Holders

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