The yield on the bonds will add up to around HUF 32 bln, the Treasury said.
The bonds pay a 3% premium over the annual average inflation rate in the previous calendar year.
In the next interest period, the bonds will pay a yield of 6.7%, calculating with average annual inflation of 3.7% in 2024.
Over HUF 400 bln is on baby bond accounts, in the names of some 400,000 children.
New parents who open a baby bond account for their child get a HUF 42,500 start-of-life subsidy and may buy more of the securities until the child turns 18.
Additionally, the government offers a 10% top-up, up to HUF 12,000 per year, on additional purchases of the bonds. Other relatives of children may also open up the accounts.
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