Hungary to issue €4.5bn of bonds this year, says first tranche expected in Q1

02 Jan 2013

Hungary is planning to sell €4.5bn of international bonds this year after having not issued internationally at all in 2012. The first issue is expected to take place before the end of March.

“The annual financing plan for 2013 targets €4.5bn international bond issuance to refinance maturing foreign currency debt,” said András Réz, head of planning, research and risk management at the AKK in Hungary, the country’s debt management agency. He added that timing depended on market conditions, but that "a ...

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