ADVERTISEMENT

Weekly sales of Plusz bonds steady

Sustainability

Shutterstock.com

Weekly sales of the Hungarian Government Securities Plusz bonds for retail investors came to HUF 24.5 billion, state news wire MTI reports, citing the latest data released by the Government Debt Management Agency (ÁKK).

Image by Shutterstock.com

Sales were a little under the HUF 26.2 bln in the previous week.

Total subscription of the bond, launched in June of last year, now stands at HUF 3.899 trillion.

The Plusz bond, which pays an annualized yield of 4.95% if held for the full five-year maturity, has attracted record demand among retail investors in Hungary, taking some of the heat off the real estate market where home prices, especially in the capital, had earlier risen faster than anywhere in the European Union.

ADVERTISEMENT

M7 acquires Hungarian office property near Váci Corridor Office Market

M7 acquires Hungarian office property near Váci Corridor

Investment intensity highest in Budapest in Q1-Q3 Figures

Investment intensity highest in Budapest in Q1-Q3

EU leaders to discuss 'common approach' to vaccination certification at Thursday summit EU

EU leaders to discuss 'common approach' to vaccination certification at Thursday summit

Tourism nights down 85% y.o.y. in November 2020 Tourism

Tourism nights down 85% y.o.y. in November 2020

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.