Crisis boosts corporate bond issues in Hungary
The outstanding stock of bonds issued by Hungarian companies has risen by HUF 230 billion to more than HUF 550 billion since 2008, showing a growing interest in the issue of debt rather than borrowing since the start of the crisis, a fresh analysis by BILLIONP Paribas shows.
Hungarian companies turned to the domestic capital markets because of the high cost of borrowing and the risky environment, said BILLIONP Paribas managing director for corporate and transaction financing Edit Sziraki.
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