EMTA : Documentation: Bonds and Loans Documentation Documentation
Bonds and Loans Documentation

BONDS/LOANS DOCUMENTATION  

EMTA develops standard documentation to permit efficient trading of specific Emerging Markets instruments in accordance with applicable legal and instrument-specific requirements. EMTA's standard documentation is developed through a process of consensus, often in response to trading and documentation needs under a specific country's financing plan.

EMTA's standard documentation includes primers, numerous confirmation forms for Brady bonds, when-issued and when-released (from escrow) bonds, when-issued notes and when-restructured loans. EMTA has also created standard documentation for various bilateral and multilateral netting agreements, assignments of loan assets, creation of participations in loan assets and a master options agreement.


 

EMTA Primers:
Argentina Par and Discount Bonds Settlements (6/2/05)
Detachment of Argentina GDP-Linked Securities (11/21/05)
Argentina USD Par and Discount Bonds Interest Collateral (7/11/02)
Brazil USD Par and Discount Bonds, Capitalization Bonds, Eligible Interest Bonds and Debt (12/3/02)
Mexico Value Recovery Rights (3/17/06, 6/16/056/21/02, 11/15/00)
Flat Trading Summary (February 3, 2012)
Nigeria Payment Adjustment Warrants (11/20/07, 6/6/07, 2/22/06, 5/24/0510/21/02)
Venezuela Oil-Indexed Payment Obligations (11/20/07, 6/6/07, 2/22/066/17/05, 12/3/01)

Brady Bond Confirmations:
Argentina Floating Rate Bonds (10/29/93)
Argentina Par and Discount Bonds (4/7/93)
Brazil Brady Bonds (4/13/94)
Bulgaria Brady Bonds (8/1/94)
Croatia Brady Bonds (8/6/96)
Ecuador Interest Equalization Bonds (1/9/95)
Ecuador Par and Discount Bonds (3/1/95)
Ecuador PDI Bonds (4/14/95)
Ivory Coast Brady Bonds (3/31/98)
Mexico Brady Bonds (7/8/91)
Panama Brady Bonds (7/18/96)
Peru Brady Bonds (3/7/97)
Poland Brady Bonds (10/28/94)
Slovenia Brady Bonds (8/6/96)
Venezuela Brady Bonds (2/7/91)
Vietnam Brady Bonds (3/12/98)

Russian (VEB) Interest Notes (12/2/97) 

When-Issued Bond Confirmations:
Argentina Bonds and GDP-Linked Securities (5/21/10)
Argentina Bonds (3/3/05)
Argentina Bonds (12/18/92)
Argentina Bonds (6/29/92)   
Brazil Bonds (11/29/93)
Brazil Bonds (10/12/93)
Brazil Bonds (7/7/93)
Brazil Bonds - Option A and B Baskets (10/12/93)
Brazil IDU Bonds (11/23/92)
Brazil IDU Bonds (7/27/92)
Bulgaria Bonds (7/8/94)
Bulgaria Bonds (4/5/94)
Croatia Bonds (5/15/96)
Ecuador Bonds (8/7/00)
Ecuador Bonds (10/4/94)
Ecuador Bonds (6/21/94)
Greek Bonds and GDPs (3/8/12)
Greek Bonds and GDPs (3/6/12)
Iraq Notes (1/9/06)
Ivory Coast Bonds (3/19/10)
Ivory Coast Bonds (5/6/97)
Ivory Coast Bonds (4/9/97)
Panama Bonds (4/18/96)
Panama Bonds (10/10/95)
Peru Bonds (11/18/96)
Peru Bonds (6/20/96)
Poland Bonds (9/16/94)
Poland Bonds (5/24/94)
Russia Bonds (3/3/00)
Russia Bonds (2/14/00)
Slovenia Bonds (4/25/96)
Ukraine Bonds (2/10/00)
Uruguay Bonds (5/22/03)

When-Issued
Note Confirmations:
Russia (10/16/97)
Russia (6/26/96)
Russia (6/13/96)
Russian Trade Debt (1/15/98)

When-Restructured Loan Confirmations:
Russia (6/26/96)
Russia (6/13/96)

When-Released Bond Confirmations:
Argentina Floating Rate Bonds (4/15/93)
Ecuador PDI Bonds (3/2/95)
Confirmations for Forward Trading in Argentina GDP-Linked Securities (8/2/05) 

Other:
Bilateral Netting Agreement for Argentina WI Bond Trades (5/21/10)
Bilateral Netting Agreement for Argentina WI GDP-Linked Securities Trades (5/21/10)
Bilateral Netting Agreement for Forward Trading in Argentina GDP-Linked Securities (8/2/05)
Bilateral Netting Agreement for Argentina W-I Bond Trades (3/3/05)
Bilateral Netting Agreement for Brazil C-Bond and IDU Bond Trades (9/24/98)
Bilateral Netting Agreement for Brazil W-I Bond Trades (8/18/93)
Bilateral Netting Agreement for Croatia W-I Bond Trades (7/11/96)
Bilateral Netting Agreement for Ecuador Bond Trades (8/7/00)
Bilateral Netting Agreement for Ivory Coast W-I Bond Trades (4/9/97)
Bilateral Netting Agreement for Nigeria Warrants (7/26/06)
Bilateral Netting Agreement for Nigeria Warrants User's Guide (7/26/06)
Bilateral Netting Agreement for Panama W-I Bond Trades (12/20/95)
Bilateral Netting Agreement for Peru W-I Bond Trades (7/12/96)
Bilateral Netting Agreement for Russia Bond Trades (3/3/00)
Bilateral Netting Agreement for Russia Bond Trades (2/14/00)
Bilateral Netting Agreement for Russia VEB Restructured Loan Trades (5/13/98)
Bilateral Netting Agreement for Russia VEB Restructured Loan Trades (4/23/98)
Bilateral Netting Agreement for Russia When-Issued/When-Restructured Trades (7/8/97)
Bilateral Netting Agreement for Russia When-Issued/When-Restructured Trades (7/11/96)
Bilateral Netting Agreement for Ukraine WI Bond Trades (2/10/00)
Bilateral Netting Agreement for Venezuela Warrants (7/26/06)
Bilateral Netting Agreement for Venezuela Warrants User's Guide (7/26/06)
Master Agreement for Options on Emerging Market Instruments and Market Practice Guide (7/11/94)
Multilateral Net Delivery Agreement for Russia VEB Restructured Loan Trades
Standard Terms for Assignments of Loan Assets and Market Practice Guide (6/26/00)
Standard Terms for Assignments of Loan Assets and Market Practice Guide (4/15/96)
         Annex for Yugoslavian Loan Assets (8/14/96)
         Annex for Vnesh Loans (11/23/98)
         Annex for Vnesh Loans (12/2/97)
Standard Terms for Assignments of Loan Assets and Market Practice Guide (5/2/95)
Standard Terms for Participations in Ivory Coast Loan Assets (6/4/97)
Standard Terms for Participations in Peruvian Loan Assets (8/16/96)
Standard Terms for Participations in Restructured Russian Loan Assets (12/2/97)
Standard Terms for Participations in Russian Loan Assets (7/11/96)
Standard Terms for Participations in Yugoslavian Loan Assets (7/11/96)
Standard Terms for Participations in Yugoslavian Loan Assets (6/11/96)
Standard Terms for Participations in Yugoslavian Loan Assets (5/24/96)
Standard Terms for Participations in Yugoslavian Loan Assets (5/7/96)
Standard Terms for Participations in Vnesh Loans (1/28/99)
Standard Terms for Participations in Vnesh Loans (12/23/98)
Standard Terms for Participations in Vnesh Loans (11/23/98)