On October 18, 2007 the Republic of Hungary launched its 5th series Samurai Bond. The JPY 25 billion 10-year paper pays a fixed coupon of 2.11 % p.a., equalling to JPY Libor + 0.27%.

Samurai # 5
Amount:   JPY 25 billion
Tenor:  10 years
Maturity:  October 26, 2017.
Coupon:   2.11 % p.a.
Issue price:  100 %
Spread:  JPY Libor + 27 bps

The deal was lead managed by Mizuho Securities and Nikko Citigroup Limited. The proceeds will be used for general funding purposes.

 

October 19, 2007