Free Trial

Hungary Considering 2H Euro Bond Sale to Finance 2024 Budget

HUNGARY

Bloomberg reporting that according to the head of the country’s Debt Management Agency, Zoltan Kurali, Hungary is considering a euro-denominated bond sale in the second half of the year to pre-finance its 2024 budget.

  • The sale would follow a $4.25 billion three-part offering from the first week of 2023 that met most of the country’s annual international issuance target. Hungary had planned to sell a euro-denominated bond in the second half, which may be bigger than initially planned to partly cover next year’s financing, Kurali told Bloomberg on Friday.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.