Hungary
-
Ten-year US Treasury yield passed 5% ahead of the upcoming FOMC meeting -
-
Swiss investors retain appetite for credit as yields become more attractive
-
Hungary's change of government is still drawing in investors despite a difficult summer
-
OTP plans first Swissie issue from a Hungarian bank for 16 years
-
Takeover will increase the Hungarian bank's total assets by around 13%
-
Bookbuilding slower than normal due to the restart of war between the US and Iran
-
The sovereign deal came the day after Hungary's tight dual trancher
-
Sovereign curve has rallied since Orban left after 16 years in power, but Hungary is in a fiscal hole
-
◆ Eastern Europe's second inaugural covered of 2026 ◆ Issuer's covered bond rating matches Hungary's OTP ◆ Deal adds 'depth' to CEE covered universe, says banker
-
Incoming chief was head economist at Hungary's largest bank
-
Books were nearly four times the deal size, a record €1bn
