Français
ItalianoBond Hungary 7% ( HU0000554027 ) in HUF
| Issuer | Hungary | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Hungary
|
||||||||
| ISIN code |
 HU0000554027 ( in HUF )
|
||||||||
| Interest rate | 7% per year ( payment 1 time a year) | ||||||||
| Maturity | 13/12/2023 - Bond has expired | ||||||||
|
Prospectus brochure in PDF format |
|||||||||
| Minimal amount | 10 000 HUF | ||||||||
| Total amount | 5 862 530 000 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 specific sovereign bond issued by Hungary, identified by ISIN HU0000554027, has recently concluded its financial cycle, reaching maturity and being fully redeemed on December 13, 2023. This debt instrument, issued by Hungary ? an active sovereign borrower in the global financial markets and a key economy within Central Europe, as well as a member state of the European Union ? serves as a prime example of the nation's public finance management. The Hungarian government, like any sovereign entity, issues bonds to finance its expenditures and manage its debt, with its creditworthiness and economic policies critically influencing investor perceptions. This particular bond, denominated in Hungarian Forint (HUF), featured a robust annual coupon rate of 7%, with interest payments disbursed once a year. The total issue size amounted to HUF 5,862,530,000, signifying a substantial offering in the domestic market, and was structured to be accessible with a minimum purchase lot of HUF 10,000. Upon its maturity on the specified date, the bond was reimbursed at its market price of 100% of its face value, signaling the timely fulfillment of the issuer's obligations and the successful conclusion of this investment for its holders. |
||||||||
| |||||||||