NY -- Standard&Poor's CreditWire 12/20/95 -- Standard&Poor's affirms its single-`B'-plus foreign currency rating on Brazil and revises its rating outlook to positive from stable. Standard&Poor's assigns its single-`B'-plus rating to the Federative Republic of Brazil's Brady bonds, totaling $43.1 billion in face value, which include: -- Par bonds due April 2024, -- Discount bonds due April 2024, -- Front-loaded interest reduction bonds due April 2009, -- Capitalization bonds due April 2014, -- New money bonds due April 2009, -- Debt conversion bonds due April 2012, and -- Eligible interest bonds due April 2006. Brazil's Brady bonds are rated on par with its other foreign currency debt, reflecting their equal legal seniority, dispersed ownership, and
