Weekly newsletter

Govt to Launch New Retail Bond

MTI-Hungary Today 2019.04.03.

Hungary’s government has decided to launch a bond for retail investors that pays a graduated coupon of 3.5 percent to 6 percent over five years, Finance Minister Mihály Varga said on Wednesday.

The bond will be available from June.

The coupon on the five-year bond will be 3.5 percent at the end of six months and 4 percent at the end of twelve months, Varga said. Half a percentage point will be added to the coupon each year after that, meaning the bond pays 6 percent in the final year of its term, he added.


Array
(
    [1536x1536] => Array
        (
            [width] => 1536
            [height] => 1536
            [crop] => 
        )

    [2048x2048] => Array
        (
            [width] => 2048
            [height] => 2048
            [crop] => 
        )

)