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Magyar Eximbank Issues EUR 1 bln Eurobond

Banking

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Magyar Eximbank issued a EUR 1 billion eurobond on international markets on Wednesday, the Economic Development Ministry said, according to a report by state news wire MTI.

Oversubscription for the bond that matures in May 2029 was more than three-fold. The yield was 6.09%.

Lead organizers for the issue were Erste Bank, Goldman Sachs, ING, JP Morgan, and Raiffeisen Bank International.

Magyar Eximbank issued a USD 1.25 bln dollar bond on international markets in April.

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