Bond Hungary 0% ( HU0000522974 ) in HUF
| Issuer | Hungary | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Hungary
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| ISIN code |
HU0000522974 ( in HUF )
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| Interest rate | 0% | ||||||
| Maturity | 20/05/2020 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 HUF | ||||||
| Total amount | 22 000 000 000 HUF | ||||||
| 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. An analysis of the Hungarian government bond, identified by ISIN HU0000522974, details this debt instrument, which was issued by Hungary, a sovereign Central European nation that actively participates in global financial markets by issuing bonds to manage its public finances and capital requirements, with the bond itself being denominated in Hungarian Forints (HUF), featuring a zero-coupon interest rate indicative of its discount structure where the return derived from the difference between the purchase price and the face value, representing a total issue size of HUF 22,000,000,000 and a minimum purchase size of HUF 10,000, and which, having a maturity date of May 20, 2020, with its payment frequency of 1 denoting a single principal repayment at maturity consistent with its zero-coupon nature, has successfully reached its maturity and been fully redeemed at its par value of 100%, thereby completing its life cycle as a financial obligation. |
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