Bonds issued at par. Bearer bonds maturing between 15-20 years. Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually. Bonds issued at par. Bearer bonds maturing between 10-20 years.
Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually.
Bonds issued at discount. Registered 20 year amortizing bonds initially offered at par. Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually. Both capitalized interest and principal payments are made after a 10 year grace period. Value Recovery Rights or Warrants Mexico, Venezuela, and Nigeria have attached to their Par and Discount bonds rights or warrants which grant bondholders the right to recover a portion of debt or debt service reduction as stated in the exchange agreements, should their debt servicing capacity improve.