ÁKK Rt. gives mandate to lead manage a GBP bond issue for the Republic of Hungary
Tuesday,07.03.2006
The Government Debt Management Agency Ltd. (ÁKK Rt.) has mandated Barclays Capital, Deutsche Bank AG and Lehman Brothers to lead manage a benchmark size 10-year sterling bond issue for the Republic of Hungary.
The launch and pricing of the bond is expected in late March 2006.
The proceeds - in line with the financing plan - will be used for general funding purposes.
