Hungary based Development Bank Hungarian Export-Import Bank PLC has finalised a private placement in the HUF Fixed Rate Goulash Bond market. The financing matures in 2023 and was executed by a single dealer.
A Goulash bond is a HUF-denominated bond issued by a Hungarian entity in the Hungarian Domestic Bond market.
For all the deals placed in the market today use the Bond Market or Money Market Viewers.
| Issuer Details | |
| Issuer | Hungarian Export-Import Bank PLC |
| LEI | 529900O4UGETQ9Q3AA63 |
| Industry | Government - Development Bank |
| Country | Hungary |
| Issuer Description | The objective of the Hungarian Export-Import Bank Plc. (Eximbank) and the Hungarian Export Credit Insurance Plc. (MEHIB) is to serve Hungarian exporters through the provision of effective financing and insurance facilities. Acting as a tool for providing economic-policy incentive, the mission of Eximbank and MEHIB is to support Hungarian exporting enterprises in facilitating the retention of jobs, growth in employment and an expansion of Hungary’s export capacities. Overseen by the Ministry for the National Economy, Eximbank and MEHIB perform the tasks of Hungary’s export credit agency, which are regulated by the legislative frameworks of the OECD and the EU, with the basic objective of facilitating the sale of Hungarian goods and services in foreign markets. The Bank and the Insurer, which operate within an integrated framework, carry out their duties with a shared organisation and corporate identity, under the name of EXIM. |
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| Trade Details | |
| Security Type | Bond |
| Amount | HUF [Login to see full details] |
| Total Amount including taps | HUF [Login to see full details] |
| Total Amount Outstanding | HUF [Login to see full details] |
| Total Order Book | HUF [Login to see full details] |
| Structure | Fixed Rate |
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A Goulash bond is a HUF-denominated bond issued by a Hungarian entity in the Hungarian Domestic Bond market.
Check here for all issuer’s year to date financings.