BNN Bloomberg / Zoltan Simon, Bloomberg News
Dubbed the “superbond,” an initiative by Hungary’s government is taking the edge off the world’s hottest property market. The state-backed debt instrument, officially called MAP+, pays out an average of almost 5% a year and was rolled out to trim a reliance on foreign creditors who’ve exacerbated past crises by fleeing at the first sign of economic strife. Full article
