Bond Hungary 7% ( HU0000553938 ) in HUF
| Issuer | Hungary | ||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||
| Country | Hungary
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| ISIN code |
HU0000553938 ( in HUF )
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| Interest rate | 7% per year ( payment 1 time a year) | ||||||||||||||
| Maturity | 11/10/2023 - Bond has expired | ||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 HUF | ||||||||||||||
| Total amount | 13 651 140 000 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 recent review of the sovereign debt market confirms the successful maturity and redemption of a specific Hungarian government bond, identified by ISIN code HU0000553938. Issued by Hungary, a Central European sovereign state and member of the European Union, whose treasury operations are closely monitored as a key component of the region's public finance landscape, this bond represented a direct obligation of the Hungarian state. Denominated in Hungarian Forint (HUF), the instrument featured a fixed annual interest rate of 7%. The total size of this particular issuance reached HUF 13,651,140,000, with a minimum lot size for acquisition set at HUF 10,000. Upon its maturity on October 11, 2023, the bond was valued at 100% of its principal amount, having duly fulfilled its lifecycle as a debt instrument and consequently being fully repaid to bondholders. |
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