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.
Identified by ISIN US445545AC05 and CUSIP 445545AC0, this financial instrument represents a matured sovereign bond issued by the Republic of Hungary, a Central European nation that frequently engages with international capital markets to secure funding for its national budget and infrastructure initiatives. This specific bond, denominated in U.S. Dollars, was issued with a substantial total size of $1,500,000,000 and allowed for a minimum purchase size of $1,000. It featured an annual interest rate of 4.75%, with coupon payments disbursed semi-annually. Originally reflecting a market price of 100% of its par value, the bond reached its designated maturity date on February 3, 2015, and has since been fully redeemed. It is also noted that the bond did not receive a credit rating from prominent agencies, as indicated by its 'NR' (Not Rated) status from both Standard & Poor's (S&P) and Moody's.
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Hungary
US445545AC05 ( in USD )
