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NEUTRAL

MFB Hungarian Development Bank Issues HUF Denominated Domestic Bonds

Why we think this is neutral

The RNS announcement is about the issuance of HUF denominated domestic public bonds by MFB Hungarian Development Bank. It does not contain any of the mandatory news types that would require a more detailed analysis.

Key Points

  • MFB Hungarian Development Bank issued HUF denominated domestic public bonds
  • Bond details: ISIN HU0000365135, 7% fixed coupon, 7.66% average yield, 24 October 2030 maturity
  • Issue size of HUF 14,705,000,000.00, listed on Budapest Stock Exchange

Summary

The development bank has issued HUF denominated domestic public bonds with a 7% fixed coupon and 7.66% average yield.

MFB Hungarian Development Bank has issued HUF 14,705,000,000.00 worth of domestic public bonds with a 7% fixed coupon and 7.66% average yield. The bonds have a maturity date of 24 October 2030 and will be listed on the Budapest Stock Exchange.

GENERAL UPDATE