Magyar Bankholding's participation in the program exceeds its 19% share of the lending market.
Magyar Bankholding's member banks have subscribed over HUF 140 billion of BGS bonds and are weighing participation in a further 10 issues at present.
MNB launched the BGS in the summer of 2019 with the aim of beefing up Hungary's relatively small corporate bond market. The program allocation stands at HUF 1.55 trillion.