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Hungary plans Ft 444 bln net debt issues

Hungary plans to sell government bonds and treasury bills worth Ft 444 billion in net terms in the December-February period.

The Government Debt Management Agency's (ÁKK) three-month issuance plan, obtained by Reuters on Wednesday, showed that it plans to sell government bonds, which mature between three and 15 years, worth Ft 500 billion in the three-month period. This is Ft 394 billion more than expires in the same period. The net issuance of discount Treasury bills, which mature between three and 12 months, will total Ft 50 billion as Ft 905 billion worth of bills will expire and ÁKK plans to sell Ft 955 billion worth of new bills.