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ItalianoBond Hungary 2% ( HU0000404603 ) in HUF
| Issuer | Hungary | ||||||||||
| Market price |  100.00 % ⇌ |
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| Country |  Hungary
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| ISIN code |
 HU0000404603 ( in HUF )
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| Interest rate | 2% per year ( payment 1 time a year) | ||||||||||
| Maturity | 23/05/2029 | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 HUF | ||||||||||
| Total amount | 956 545 930 000 HUF | ||||||||||
| Next Coupon | 23/05/2027 ( In 228 days ) | ||||||||||
| Detailed description |
Hungary is a landlocked Central European country with a rich history, vibrant culture influenced by its diverse past, and a burgeoning economy focused on manufacturing and services. A detailed analysis reveals the issuance of a sovereign bond by Hungary, identified by the ISIN code HU0000404603. This fixed-income instrument originates from Hungary, the sovereign nation acting as the issuer. Currently, the bond is trading at 100% of its face value on the market, indicating it is priced at par. Denominated in the Hungarian Forint (HUF), the bond offers a fixed annual interest rate of 2%. The total volume of this bond issue is substantial, amounting to 956,545,930,000 HUF, signifying a significant fundraising effort by the Hungarian state. For investors, the minimum purchase size is set at 10,000 HUF. The bond reaches its maturity on May 23, 2029, and provides interest payments to bondholders with an annual frequency of one payment per year. |
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