Hungary plans HUF 742bn in net treasury bond issues in 2011.

By bne IntelliNews December 22, 2010
Hungary's debt manager plans net treasury bond issues of HUF 742bn in 2011, MTI news agency reported from the news conference of the authority. The debt manager said its calculations showed a net financing requirement of HUF 860bn in 2011, including HUF 689bn for the Treasury and HUF 171bn for the balance of EU transfers. The net interest expenditures are planned at HUF 1.004tn in 2011, virtually unchanged from the HUF 998bn level in 2010. The new foreign currency debt is planned to correspond to the amount of maturing forex debt and will stand at EUR 4bn.

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