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ItalianoBond Hungary 0% ( HU0000524251 ) in HUF
| Issuer | Hungary | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Hungary
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| ISIN code |
 HU0000524251 ( in HUF )
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| Interest rate | 0% | ||||||
| Maturity | 02/11/2022 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 HUF | ||||||
| Total amount | 15 000 000 000 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. A financial instrument identified as a bond under ISIN HU0000524251 was issued by Hungary, a sovereign state, in its domestic currency, the Hungarian Forint (HUF), comprising a total issue size of HUF 15,000,000,000 with a minimum purchase amount set at HUF 10,000; this particular obligation, characterized by a 0% interest rate and an indicated payment frequency of one (potentially annually or upon maturity given the zero coupon nature), reached its designated maturity date on November 2, 2022, and has since been fully redeemed at 100% of its nominal value, demonstrating the Republic of Hungary's commitment to fulfilling its financial obligations. |
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