By Mary-Katherine Stinson
Lexington, Ky., Oct. 26 – MFB Hungarian Development Bank auctioned HUF 29 billion of 4½% bonds due April 27, 2027, according to a notice.
The average yield was 9.72%.
Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MBH Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd. were dealers.
The bonds will be listed on the Budapest Stock Exchange.
The identifier for the fourth tranche of the bonds is MFB202704/1.
MFB Hungarian Development Bank is a state-owned lender.
| Issuer: | MFB Hungarian Development Bank
|
| Amount: | HUF 29 billion
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| Issue: | Bonds
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| Maturity: | April 27, 2027
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| Bookrunners: | Erste Bank Hungary Ltd., ING Bank NV Hungary Branch, MBH Bank plc, OTP Bank plc, Raiffeisen Bank Hungary and UniCredit Bank Hungary Ltd.
|
| Coupon: | 4½%
|
| Yield: | 9.72%
|
| Trade date: | Oct. 24
|
| Settlement date: | Oct. 26
|
| ISIN: | HU0000361092
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