By Mary-Katherine Stinson
Lexington, Ky., Sept. 15 – MFB Hungarian Development Bank priced HUF 6.7 billion 7.8% bonds due Nov. 26, 2025 for an average annual yield of 12.7%, according to a notice.
The dealers were Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MKB Bank plc, MTB Bank of Hungarian Savings Cooperatives Co. Ltd., OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
The bonds were auctioned on Sept. 13 and settled on Sept. 15. They will be listed on the Budapest Stock Exchange.
MFB Hungarian Development Bank is a state-owned lender.
| Issuer: | MFB Hungarian Development Bank
|
| Amount: | HUF 6.7 billion
|
| Issue: | Bonds
|
| Maturity: | Nov. 26, 2025
|
| Dealers: | Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MKB Bank plc, MTB Bank of Hungarian Savings Cooperatives Co. Ltd., OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
|
| Coupon: | 7.8%
|
| Yield: | 12.7%
|
| Auction date: | Sept. 13
|
| Settlement date: | Sept. 15
|
| Listing: | Budapest Stock Exchange
|
| ISIN: | HU0000361761
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
