Erste Bank Hungary, the Hungarian branch office of ING Bank, Magyar Takarékszövetkezeti Bank (TakarékBank), MKB Bank, OTP Bank, Raiffeisen Bank and UniCredit Bank Hungary will act as distributors in the issues. The MFB has assigned OTP Bank as auction bidder.

The bonds, with maturities of a minimum 12 months and a maximum ten years, will be auctioned on the Budapest Stock Exchange (BÉT). The MFB will float the bonds on the regulated market of the BÉT, with the first issue expected to be held in the first quarter of this year.