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Coco bread is locally known as pan de coco to mean bread with coconut. The grated coconut is caramelized and serves as filling for the coco bread which looks like a bagel in a smaller version. There used to be a saying that you can only afford coco bread when you have money because it is eaten as it is unlike other bread which needs a spread of butter or pate. But coco bread is now vanishing in bread stores in favor of the donut and croissant.