Press release on the Eurobond issue of the Republic of Hungary
Friday,19.12.2003
The Government Debt Management Agency Ltd. (ÁKK Rt.) mandated BNP Paribas and Citigroup to lead manage a EUR 1 Billion 10 year Eurobond issue for the Republic of Hungary.
The timing of launch and pricing of the bond is expected in the second half of January 2004.
The proceeds will be used to re-finance public debt maturing in 2004.