Press release on the JPY 25 billion Samurai bond issue

On October 18, 2007 the Republic of Hungary launched its 5th series Samurai Bond. The JPY 25 billion 10-year paper pays a fixed coupon of 2.11 % p.a., equalling to JPY Libor + 0.27%.

Samurai # 5
Amount: JPY 25 billion
Tenor: 10 years
Maturity: October 26, 2017.
Coupon: 2.11 % p.a.
Issue price: 100 %
Spread: JPY Libor + 27 bps

The deal was lead managed by Mizuho Securities and Nikko Citigroup Limited. The proceeds will be used for general funding purposes.

October 19, 2007



    HGB and T-bill calculator
    Date: settlement date; minimum value: 01-01-2003; the date on which securities must be delivered and paid for to complete a transaction
    Type: DKJ - discount treasury bills, KTV - treasury bonds
    Convention: calculation method: ISMA (Act/Act) or EHM (Act/365 No Leap)
    Security: T-Bond or T-Bill denominated in HUF
    Yield %: yield to maturity, the percentage rate of return paid if the security is held to its maturity date
    Clean Price %: net present value of selected security, if it is not the input field, then = gross price% - acc. interest%
    Acc. Interest %: the amount of interest accumulated but not paid between the issue date or most recent payment and the settlement date
    Gross Price %: present value of selected security, if it is not the input field, then = clean price% + acc. interest%
    Face Value: optional positive integer value, Net Price, Acc. Ineterst and Gross Price will be recalculated
    Net Price: Clean Price% * face value
    Acc. Interest: Acc. Interest% * face value
    Gross Price: Gross Price% * face value