Hungary comes of age as Romania scores Eu600m

June 22, 2001 12:00 am

The two ends of the credit spectrum of the EU accession countries got away impressive deals this week. Single-A Hungary, the leading applicant negotiating to join the EU in 2004, issued a Eu1bn 10 year benchmark on Tuesday, the largest single issue from the region. One day earlier, single-B Romania blitzed a yield starved emerging market investor base with a Eu600m seven year blowout deal.

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