World Bank Launches Bond in Hungarian Forint
Washington, DC, October 1, 2007 –
The World Bank launched a Hungarian forint (HUF) bond. The notes will be placed with European investors via TD Securities as the lead manager.
Amount: HUF 10 billion
Settlement date: October 9, 2007
Maturity date: October 9, 2009
Issue price: 100.745%
Coupon: 6.25% annually
Denomination: HUF 500,000
Clearing systems: Euroclear and Clearstream
The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see: http://treasury.worldbank.org/recentissues.
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