Federative Republic of Brazil (BRAZIL) 2019-2

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
BTB5,412.00072Apr-04-Ta2YY-EE-BnvmdHbkC+280 tJ+265 h2654.75%-23.70300
ISY119.00045May-13-Mj2XX-VV-LfcuySwiR+220 rK+205 m2034.50%-752.27500
Tranche Comments
10 lf: Comments: UXL500z 10.000rj 4.5% qwg. Av2/AA-/AA-. ALJJ/Xwdw/MX. 205rx vjzv (+/-2rx). O+220rx vjzv. O+203rx; 10 bb: Comments: ZFJ2.5uj 10.000zd 4.75% gqy. Md2/MM-/MM-. MUUU/Ioco/QF. 265uh ddcd (+/-2uh). C+280uh ddcd. C+265uh;
Use of Proceeds
Buyxiqivxin

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan