Hungary Eyes $203B In Note Sale

Hungary’s Government Debt Management Agency is looking to raise $203 billion through a three-part sale of notes.

Hungary’s Government Debt Management Agency is looking to raise $203 billion through a three-part sale of notes, The Wall Street Journal reports. The first tranche of $92.34 million three-year notes, which carry a coupon rate of 6.75 percent, will mature on Aug. 22, 2014. The second tranche of $69.26 million six-year notes, also carrying a coupon rate of 6.75 percent, will mature on Nov. 24, 2017. The third tranche of $36.93 million 11-year notes, which carry a coupon rate of 7.00 percent, will mature on June 24, 2022.

Click here for the story from The Wall Street Journal.