You can find the amounts of Hungarian Government Bonds (HGBs) received by ÁKK Zrt. from the Pension Reform and State Debt Reduction Fund as part of the asset liquidisation by 23th December 2011 as follows:
2012/B (Isin: HU0000402367): HUF 14.250.000.000
2012/C (Isin: HU0000402417): HUF 28.895.290.000
Total amounts of the transferred HGBs are going to be delisted from the relevant indices (MAX Composit, RMAX, ZMAX) on 2nd January 2012.
Please note the above changes when using these indices.
Today the Republic of Hungary launched and priced its next international bond in 2011. The €1 billion long 7-year bond, priced at mid-swap plus 270 basis points, pays a fix coupon of 6% p.a. The deal was lead managed by Deutsche Bank, ING and UniCredit.
The Government Debt Management Agency Pte Ltd. (ÁKK Zrt.) has mandated Deutsche Bank, ING and UniCredit to lead manage a Euro benchmark bond issue for the Republic of Hungary.
The proceeds will be used for general financing purposes.
The Government Debt Management Agency Pte Ltd. (ÁKK Zrt.) is pleased to announce that BNP Paribas, Citi and Deutsche Bank have been mandated to arrange a series of fixed income investor meetings in Europe and in the United States, commencing on 17th March 2011.
March 11, 2011.
The Republic of Hungary launched and priced its first international bond in 2009 on July 17th. The €1 billion 5-year bond, priced at midswap plus 395 basis points, pays a fix coupon of 6.75% p.a. The deal was lead managed by Citigroup and ING.