Hungarian State Treasury

General information

Euro Hungarian Government Securities is a dematerialised, registered floating rate government securities, with 1 Euro denomination. The rate of interest to be paid is equal to the 3-month EURIBOR percentage rate published by the European Money Market Institute (EMMI).

Interest payment takes place quarterly, the achieved income is tax free. Repayment of the face value of the Euro Hungarian Government Securities is due in one sum at maturity.

The claim incorporated by Euro Hungarian Government Security will not become lapsed against the Issuer.

In the case of the Euro Hungarian Government Securities, for the series issued by Government Debt Management Agency Private Company Limited by Shares a sales limit has been set for the distributors, the extent of which will be precisely defined in the Information Memorandum and Public Offer relating to the series

Customers of the Euro Hungarian Government Securities

Euro Hungarian Government Securities can be purchased by resident and non-resident individuals.

Mode of public offering

The Euro Hungarian Government Securities are placed on the market by portioned issue. The issue price of the Euro Hungarian Government Securities is equal to the face value on the first day of issue, and thereafter to the sum of the face value and accumulated interest.

Purchase price paying methods

The payment for the purchase of Euro Hungarian Government Securities can be initiated in cash (in euro), by bank card or bank transfer.

Mandatory elements in case of bank transfer:

*In case of domestic EUR transfers both formats can be used, but their related costs may differ. We recommend you to obtain information in advance on the costs occurring in relation to the transfer from your account holder financial institution. Both formats of account number are only suitable for receiving euro transfers, transfers in other currencies will be rejected. The transferred amount of EUR will be credited on the client’s account on the T+1 business day after the crediting on the account of the Distributor held at the Hungarian National Bank.

** Correct indication of this number is a precondition for identification.

Further information about the purchasing of the Premium Euro Hungarian Government Securities can be found in document “Special terms and conditions on the distribution for government securities issued in euro by the Hungarian State Treasury” which can be reached at in the tab of Information Memorandum.

For further terms and conditions of each series, please get informed from the Public Offer or the Information Memorandum for that series, which can be reached at in the tab of Current Public Offer.