Press release on the JPY issue of the Republic of Hungary

The Government Debt Management Agency Ltd. (ÁKK Rt.) has mandated Daiwa and Nomura to lead manage a JPY 50 billion 5 year Samurai bond issue for the Republic of Hungary.

The Government Debt Management Agency Ltd. (ÁKK Rt.) has mandated Daiwa and Nomura to lead manage a JPY 50 billion 5 year Samurai bond issue for the Republic of Hungary.


The proceeds will be used to re-finance public debt maturing in 2004.

Budapest, 19 April 2004.

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