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  • Eximbank has conducted another highly successful bond issuance

Eximbank has conducted another highly successful bond issuance

On 9th November 2020, the Hungarian Export-Import Bank Plc. held yet another successful auction: with the simultaneous auctions of bonds No. 1/2021 and 1/2027 the bank succeeded to raise an amount of more than HUF 60 billion. 

At the auctions co-organised with ERSTE Bank, investor demand for the second series of bond No. 1/2021 of one-year maturity at 1% nominal interest totalled more than HUF 71 billion, of which bonds worth HUF 29.5 billion were traded at nominal value. There was a demand of more than HUF 62 billion for the first series of the bond with seven-year maturity at 2% nominal rate (maturing in 2027), of which HUF 30.4 billion was issued at nominal value.

So far, this has been the largest bond issuance in the history of the Hungarian Export-Import Bank Plc. under Hungarian legislation. The length of the bond maturity is also unprecedented in the history of both Hungarian and foreign issuances. On 9th November 2020, Eximbank also signed an international, bilateral loan contract with a three-year maturity of the value of EUR 200 million.  

All these steps play a key role in ensuring that EXIM can meet the increased expectations and higher demands for credit in the new economic environment caused by the coronavirus pandemic. ‘We consider it important to mention that the funds raised through the bond issuance are well-aligned with the maturity structure of Eximbank resources.  Eximbank manages resources from money markets; accordingly the bank raised funds from the market by borrowing and issuing bonds. The appropriate diversification of our source structure contributes to our endeavour to be able to assist our clients with a product portfolio corresponding market requirements to a large extent.’ – stated Gergely Jákli, CEO, Chairman of the Board of Directors at EXIM Hungary, who added: ‘The unprecedented 7-year bond issuance also promotes our strategic objective, which is to be able to provide financing support also for the investment and development plans of Hungarian export companies. We regard the high interest of our clients and the record bond purchases as a sign of enhanced market confidence that reaffirms the need for our export promotion role.’

Eximbank Zrt.

Cégjegyzékszáma:
01-10-042594, bejegyezve a Fővárosi Törvényszék, mint Cégbíróság által

Adószám:
10949638-2-44

Bankszámlaszám:
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

MEHIB Zrt.

Cégjegyzékszáma:
01-10-042595, bejegyezve a Fővárosi Törvényszék, mint Cégbíróság által

Adószám:
10949621-2-44

Bankszámlaszám:
10918001-00000001-04530003

1065 Budapest, Nagymező u. 46-48. Tel.: +36 (1) 374 9100, +36 (1) 374 9200, Fax: +36 (1) 269 1198 E-mail: exim@exim.hu © 2019 EXIM Minden jog fenntartva

Eximbank Plc.

Bank account number: 
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

MEHIB Plc.

Bank account number: 
10918001-00000001-04530003

H-1065 Budapest, Nagymező street 46-48. Phone: +36 1 374 9100, +36 1 374 9200 Fax: +36 1 269 4476, +36 1 269 1198 E-mail: exim@exim.hu © 2019 EXIM All rights reserved

ЗАО «Эксимбанк»

Номер банковского счёта: 
14800016-06000008-11111128
S.W.I.F.T. kód: HEXI HU HB 

ИНН: 10949638-2-44

ЗАО «МЕХИБ»

Номер банковского счёта: 
10918001-00000001-04530003

ИНН: 10949621-2-44

1065 Будапешт, ул. Надьмезё д.46-48. Тел.: +36 (1) 374 9100, +36 (1) 374 9200, Факс: +36 (1) 269 1198 Электронный адрес: exim@exim.hu
© 2019 EXIM Все права защищены

Teljes kamat mátrix
Hiteligénylő vállalkozás mérete és a hitel devizaneme Ügyfélkamat
1. év 2-3. év 4-6. év
KKV EUR 0,10% 0,19% 0,69%
  HUF forgóeszköz 720 M alatt 0,10% 0,10%  
  HUF 0,55% 0,80% 1,30%
  USD* 2,25% 2,50% 3,00%
NV EUR 0,19% 0,69% 1,69%
  HUF 0,80% 1,30% 2,30%
  USD* 2,50% 3,00% 4,00%
* 2020. január 1-re jegyzett 12 havi USD LIBOR

grafikon900m

Dear Clients,

We would like to draw your attention to the fact that the deadline for the conclusion of our Compensation Loan, Compensation Loan Protection and Compensation Insurance Program contract has been extended to 30 June 2021.  

With the aim to mitigate the economic damage caused by the COVID pandemic, the European Commission has extended the validity of the Commission Communication originally adopted on 19 March 2020. Accordingly, the contracting deadline under our Compensation Loan, Compensation Loan Protection and Insurance Program has been extended to 30 June 2021. The deadline for the submission of applications is 15 June 2021; all other terms and conditions remain unchanged.

Detailed information about our Compensation Program Package can be viewed and downloaded here.

Best regards,
EXIM
exim@exim.hu

The summary of the relevant decision of the European Commission and the official communication of the European Commission are available on the website of the State Aid Monitoring Office: here and here.