October 4, 2017 / 10:23 AM / 2 months ago

Hungary revises pricing for 10-year euro bond

LONDON, Oct 4 (IFR) - The Republic of Hungary has set guidance for euro-denominated notes due October 2027 at 110bp over mid-swaps (+/-5bp), according to a lead.

The bonds were initially marketed at plus 125bp area.

The order books are above €4bn and go subject at 1pm UK time.

The trade is for today’s business via BNP Paribas, Citigroup, Deutsche Bank and ING.

The sovereign is rated Baa3/BBB-/BBB-. (Reporting by Robert Hogg; editing by Sudip Roy)

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