Published on 10/13/2021 in the Prospect News Emerging Markets Daily.
New Issue: Hungarian Development Bank issues €117.3 million 0.01% bonds due 2023
By Rebecca Melvin
Concord, N.H., Oct. 13 – Hungarian Development Bank Private Ltd. Co. issued €117.3 million 0.01% bonds due 2023, according to a notice on Wednesday.
The dealers were Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MTB Bank of Hungarian Savings Cooperatives Co. Ltd., MKB Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
The bonds were auctioned on Monday and settled on Wednesday. They will be listed on the Budapest Stock Exchange.
Hungarian Development Bank is a state-owned lender.
Issuer: | Hungarian Development Bank Private Ltd. Co.
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Issue: | Bonds
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Amount: | €117.3 million
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Maturity: | June 28, 2023
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Dealers: | Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MTB Bank of Hungarian Savings Cooperatives Co. Ltd., MKB Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
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Coupon: | 0.01%
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Yield: | 0.01%
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Pricing date: | Oct. 11
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Settlement date: | Oct. 13
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ISIN: | HU0000360821
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