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PLUS BOND STOCK ABOVE HUF 2,806BN

 

Outstanding stock of Hungarian Government Securities Plus bonds for retail investors rose to 2,806.8 billion forints after sales of the security reached 71.3 billion in the twenty-fifth week after their launch, data published by the Government Debt Management Agency (AKK) show. Sales of the bond for the week dropped from 83.6 billion at the previous week to a 13-week low. The weekly sales varied between 73.3 billion and 114.6 billion forints between the previous week and the end of August. The Plus bond, which pays an annualised yield of 4.95% if held for the full five-year maturity, has attracted record demand among retail investors in Hungary.