Bloomberg News

Hungary Wooing Sovereign Funds, Eyeing Islamic, Ruble Bond Sale

September 30, 2011

Sept. 30 (Bloomberg) -- Hungary is trying to woo sovereign funds including that of Norway and Saudi Arabia to be long-term investors in the Hungarian forint debt market, Debt Management Agency Chief Executive Officer Gyula Pleschinger said.

The country is also considering selling Islamic and Russian ruble bonds, Pleschinger told a conference in Pecs, southern Hungary today.

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net


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