UniCredit Mortgage Bank Issues HUF 20 bln Green Bond

Banking

UniCredit Mortgage Bank has sold HUF 20 billion of green bonds at auction, the Hungarian lender said on Wednesday, according to a report by state news wire MTI.

Bids at the auction for the securities came to HUF 27.5 bln.

Close to half of the bonds were subscribed by commercial banks.

The security was UniCredit Mortgage Bank's third green bond issue.

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