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FinMin Varga Comments on Foreign Issuance

HUNGARY
  • No plans for Eurobond issuance in 2021
  • Wont issue domestic 3-year bonds in 2021
  • Significantly increase volume of debt-swap auctions
  • Debt: GDP set to rise to 80% in 2020
  • 30Y green bond to be sold from 2Q21
  • Budget deficit seen at 9% of GDP
  • Eurobond buybacks to continue to cut FX debt

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