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EBRD Invests in Covered Bonds in Hungary

2020. március 24.

European Bank / By Axel  Reiserer

Despite a very volatile environment on the debt capital market across Europe, UniCredit Mortgage Bank (UniCredit Jelzalogbank Zrt.) has successfully completed the issuance of a HUF 15 billion covered bond with a 5 years-tenor thanks to strong investors demand. The EBRD supported the issuance as one of the key non-Hungarian institutional investors with an investment of HUF 4.5 billion (€13 million equivalent). The covered bonds will be listed on the Budapest Stock Exchange. More...