ADVERTISEMENT

Varga reverses course on foreign debt

MNB

Hungary’s Economy Minister Mihály Varga said today that the country could sell new foreign currency debt this year if terms were favorable.

The government  last sold foreign currency debt at a USD 3 bln bond auction in March, and since then, it has said several times that it would not issue more FX debt this year or next.

 

Varga told public television M1 that, if the government could agree with an institutional investor on a low yield, which is good for debt financing, then he would not rule out that such a foreign currency bond issue would happen this year.

ADVERTISEMENT

Czech economic confidence weakens in October Analysis

Czech economic confidence weakens in October

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.