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Hungary plans to sell €1 billion 101/2-year eurobonds
By Reshmi Basu
New York, Dec. 21 - The Republic of Hungary plans to sell €1 billion of 101/2-year eurobonds during the first half of January.
The country has mandated HSBC Bank plc, Societe Generale and UBS Investment Bank as lead managers for the sale, according to a new release published by the Government Debt Management Agency Ltd., which works with the Hungarian State Treasury.
The proceeds will be used for general financing purposes.
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