Bond Hungary 0% ( HU0000523162 ) in HUF
| Issuer | Hungary | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Hungary
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| ISIN code |
HU0000523162 ( in HUF )
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| Interest rate | 0% | ||||||
| Maturity | 30/09/2020 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 HUF | ||||||
| Total amount | 20 000 000 000 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 informative analysis of sovereign debt instruments reveals the specifics of the bond identified by ISIN HU0000523162, issued by the Government of Hungary. As the sovereign issuer, Hungary, a Central European nation with an established market economy and a member of the European Union, provided this debt security denominated in Hungarian Forint (HUF). This particular issuance, characterized by a 0% interest rate and a total volume of 20,000,000,000 HUF, effectively functioned as a zero-coupon bond, with a minimum acquisition size set at 10,000 HUF. Having reached its scheduled maturity date on September 30, 2020, this obligation was fully redeemed, settling at its par value of 100%. |
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