Hungary To Raise $522M

Hungary’s Government Debt Management Agency is seeking to raise $522.3 million through a sale of treasury bills and floating rate bonds.

Hungary’s Government Debt Management Agency is seeking to raise $522.3 million through a sale of treasury bills and floating rate bonds, The Wall Street Journal reports. Hungary will seek to offload $484.5 million worth of treasury bills.

The bills will mature in three and 12 months. The agency will also sell $37.8 million of floating rate bonds, scheduled to mature on Dec. 22, 2015.

Click here for the story from The Wall Street Journal.