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New fixed interest-rate papers by FHB

According to Napi Gazdaság, Land Loan and Mortgage Bank Rt (FHB) is to issue fixed interest-rate bonds from Monday, the first public issuing day. The first bid is a six-year, 6.5% fixed interest rate mortgage bond with a possible termination of 30 days to 20 years. Ft 10,000 nominal value bonds from batch FJ11NF01 are to be sold for Ft 10 bln altogether with no over subscription allowed. The paper will terminate on 12th October 2011 and pay a yearly interest of Ft 650 plus the nominal value in one amount at termination. The mortgage bonds, as usual, will be introduced on Budapest Stock Exchange (BÉT). (NG 13) A.H.