By Mary-Katherine Stinson
Lexington, Ky., March 20 – MFB Hungarian Development Bank auctioned HUF 10.08 billion of 6½% green bonds due 2029, according to a notice.
The average yield was 6.93%.
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 green bonds will be listed on the Budapest Stock Exchange and are identified as MFB202905/Z Bond.
MFB Hungarian Development Bank is a state-owned lender.
| Issuer: | MFB Hungarian Development Bank
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| Amount: | HUF 10.08 billion
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| Issue: | Green bonds
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| Maturity: | May 23, 2029
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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.
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| Coupon: | 6½%
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| Yield: | 6.93%
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| Trade date: | March 18
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| Settlement date: | March 20
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| ISIN: | HU0000363593
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