Varga meets with Templeton Global Bond Fund portfolio manager
National Economy Minister Mihály Varga held talks on Monday with Templeton Global Bond Fund portfolio manager and director of research Sonal Desai in Budapest, the National Economy Ministry informed national news service MTI on Monday.
Templeton Global Bond Fund holds $11.7 billion in Hungarian government bonds, or more than 10% of all such bonds, according to ministry statistics.
Hungary is able to finance itself safely from international markets without assistance from international organizations, Varga stated following the meeting. Varga also said that Templeton Global Bond Fund's large investment in Hungarian government bonds reflects the considerable degree of confidence that investors have toward Hungary.
ADVERTISEMENT
MKB Bank, Takarékbank to Hold Bank Holidays as Merger Finish...
Hungarian Lawmakers Ratify Finland's NATO Accession
New Director of Corporate Affairs and Communication at Heine...
'Without Nature, There Is No Business,' Holdorf Says at BCSD...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
