The bonds were offered by listed RFV, renamed E-Star Alternatív as of March 7, simultaneously through two subscription procedures, one for institutional and one for non-institutional investors. The bonds are distributed by Equilor Befektetési.

Institutional investors subscribed nearly HUF 834 million of the bonds in the institutional subscription ended on March 7, E-Star Alternatív said earlier.

The bonds pay a fixed rate of 10.44%, have a nominal value of HUF 100,000 apiece and mature in two years and eleven months.

E-Star Alternatív planned to issue a minimum HUF 100 million of the bonds in the subscription, which is the third phase of its bond program.

E-Star Alternatív noted that, including the current offering, it has issued almost HUF 5 billion bonds in the past half year under the program.

The HUF 3.8 billion bonds issued in the first two offerings are traded on the Budapest Stock Exchange.