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Published on 1/16/2007 in the Prospect News Emerging Markets Daily.

Hungary mandates three banks for euro-denominated deal

By Reshmi Basu

New York, Jan. 16 - The Republic of Hungary said it has mandated BNP Paribas, Dresdner Kleinwort and ING Bank NV to lead a euro-denominated benchmark-sized 10-year bond offering.

The issue is expected to price soon.

Proceeds will be used for general funding purposes.


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