Amount: $500m (fungible with two issues totalling $2bn first launched 12 January 2004)
Maturity: 20 January 2034
Issue price: 99.325
Spread at launch: 362.5bp over the 3.375% February 2031 UST
Launch date: Tuesday 29 November
Payment date: 30 November
Joint books: Barclays Capital, Merrill Lynch
"...this deal was well done. It was a small reopening and we saw a lot of demand from Asia so it had no discernable problems."
"...it was expected. They are now 75% done for 2006 financing requirements. There was a bit of a concern that it came after Venezuela's $3bn local deal and some thought that we could see a lot of selling of Venezuelan debt the day of Brazil's pricing, but that was not the case."