Poland - Discount Bond

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Discount Bond

Discount Bond issued under the Brady Plan debt restructuring agreement and is tenderable at par value.


Obligor: The Republic of Poland
Guarantor: None
Issue Size: USD 2,990,214,000
Maturity: October 27, 2024
Interest Rate: 6-month LIBOR plus 13/16%
Coupon Frequency: Semi-annual
Coupon Dates: April 27 & October 27
Day Count: Actual/360
Issue Date: October 27, 1994
Amortisation: None, bullet at maturity
Options: Callable at par with accrued interest on coupon dates if no default.
Currency: USD only
Form of Instrument: Registered securities
Denominations: $250,000 and integral multiples thereof
Credit Rating: Not rated
Principal Collateral: 30-year zero-coupon US Treasury bonds
Interest Payment Collateral: None
Notes: Issued as part of Brady Plan debt restructuring.
Debt-Equity Programme: Tenderable at par.

Registered Bond

Currency: USD
Listing: Luxembourg
Paying Agent: Citibank, N.A.
Bloomberg Ticker: POLAND
CUSIP: TT3179591
ISIN: XS0053582994
Common Code: 005358299
Valoren: 293796
Wertpapier/Austrian: 415396
France: 821528