1.   Among the most actively traded bonds, Argentine par bonds and Brazilian capitalization bonds were the biggest gainers.

2.   Brady bonds fell, with Mexican par bonds shedding nearly two percent, as U.S. bond yields soared on concern interest rates will soon rise.

3.   Brazilian capitalization bonds, Mexican par bonds and Venezuelan par bonds all rose by a point or more.

4.   Brazil par bonds led most Brady bonds higher, on optimism about the sale of new Brazilian sovereign bonds that can be traded for Brady bonds.

5.   Luis measures the value of the Mexican Brady par bond not by its stripped yield, but its yield to maturity.

6.   That drove up the price of the fixed-rate par bonds, said Vincent Palermo, quantitative debt strategist at Merrill Lynch.

7.   The index, measuring four Latin American Brady par bonds, is compiled by the financial instruments unit of the New York Cotton Exchange.

8.   The index measures four Latin American Brady par bonds partially backed by U.S. Treasury collateral, which can account for up to half their secondary market value.

9.   The strong demand for fresh Brazilian debt boosted the price of Brazilian par bonds, which are among the Brady bonds most likely to be traded for new debt.

10.   Yesterday, Argentina Brady par bonds rose after officials said industrial production was brisker than expected last month.