For investors

statutory guarantee

The bank has statutory guarantee (Funding Guarantee) up to HUF 4300 bn from the Hungarian state relating to the bank’s funding activities. Significant part of the loans provided by the bank directly to the Hungarian exporters are protected by export credit insurance from state owned MEHIB resulting in good credit quality and long-term financial stability.

As at 31 March 2024, Eximbank’s liabilities in accordance with Eximbank Act 7. § (1) a), under the Funding Guarantee represented 69,05% of the HUF 4300 billion upper limit set by the actual Budget Act.

RATING

FitchSTANDARD AND POOR’S
OutlookNegativStable
Long term foreign currencyBBBBBB-
Short term foreign currencyF2A-3

INTERNATIONAL BOND ISSUANCE

Joint lead managers: Deutsche Bank, Jefferies International Limited

Listing: London Stock Exchange

Joint lead managers in the transaction structure: Deutsche Bank, HSBC, Jefferies International Limited

Listing: London Stock Exchange

Joint lead managers: Deutsche Bank, J.P. Morgan, UniCredit Bank

Listing: London Stock Exchange

Outstanding bonds by maturity

Updated: 2024.02.16.

Currency Nominal amount Interest Issue dateMaturity DateISIN CodeBloomberg
HUF14,250,000,00011.00%30 August 202328 August 2024HU0000362884MAEXIM
HUF33,830,000,00011.00%20 September 202328 August 2024HU0000362884MAEXIM
HUF14,698,000,00011.00%18 October 20232 October 2024HU0000363023MAEXIM
HUF15,913,590,00010.00%29 november 23 27 November 2024HU0000363197MAEXIM
HUF36,650,000,00010.00%2023.12.1327 November 2024HU0000363197MAEXIM
HUF34,000,000,0001.00%2019.12.194 December 2024HU0000359435MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF-20 750 000 000 7,07% 12 June 202411 June 2025HU0000363981 MAEXIM
HUF-18 680 000 000 7,06% 19 June 202411 June 2025HU0000363981 MAEXIM
HUF-35 000 000 000,00 7,28% 17 January 2024 15 January 2025 HU0000363395 MAEXIM
HUF-20 291 390 000,00 7,11% 31 January 2024 15 January 2025 HU0000363395 MAEXIM
HUF-40 000 000 000,00 7,10% 14 February 2024 12 February 2025 HU0000363494 MAEXIM
HUF-28 214 280 000,00 7,03% 28 February 2024 12 February 2025 HU0000363494 MAEXIM
HUF-4 999 990 000,00 7,14% 10 April 2024 09 April 2025 HU0000363759 MAEXIM
HUF-12 772 060 000,00 7,48% 24 April 2024 09 April 2025 HU0000363759 MAEXIM
HUF-37 129 000 000,00 7,21% 15 May 2024 14 May 2025 HU0000363858 MAEXIM
HUF-37 978 100 000,00 7,13% 23 May 2024 14 May 2025 HU0000363858 MAEXIM
HUF23,304,450,00011.00%2 August 20234 August 2025HU0000362801MAEXIM
HUF54,500,000,00011.00%16 August 20239 September 2025HU0000362850MAEXIM
HUF48,795,000,00011.00%30 August 20239 September 2025HU0000362850MAEXIM
HUF21,061,250,00010.50%20 September 202321 October 2025HU0000362959MAEXIM
HUF14,488,000,00010.50%4 October 202321 October 2025HU0000362959MAEXIM
HUF13,375,000,00010.50%18 October 202321 October 2025HU0000362959MAEXIM
HUF20,322,000,0001.65%09 October 202026 November 2025HU0000360029MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF43,431,000,000Floating18 Januáry 202318 January 2026HU0000362165MAEXIM
HUF22,569,850,000Floating1 February 202318 January 2026HU0000362165MAEXIM
HUF18,400,000,00011.00%25 August 202222 April 2026HU0000361860MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF-5 000 000 000,00 6,92 28 February 2024 28 February 2027 HU0000363528 MAEXIM
HUF-5 500 000 000,00 7,43 10 April 2024 28 February 2027 HU0000363528 MAEXIM
HUF-5 412 750 000,00 7,88 24 April 2024 28 February 2027 HU0000363528 MAEXIM
HUF30,400,000,0002.00%11 November 202027 October 2027HU0000360086MAEXIM
HUF16,280,000,0002.00%9 December 202027 October 2027HU0000360086MAEXIM
HUF10,710,000,0002.00%24 March 202127 October 2027HU0000360086MAEXIM
HUF14,570,000,0002.00%28 April 202127 October 2027HU0000360086MAEXIM
HUF16,920,000,0002.00%09 June 202127 October 2027HU0000360086MAEXIM
HUF20,200,000,0002.00%30 June 202127 October 2027HU0000360086MAEXIM
USD441,487,0006.125%4 May 20234 December 2027US55977YAA64MAEXIM
USD808,513,0006.125%4 May 20234 December 2027XS2618838564MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF49,950,000,000Floating1 March 20231 March 2028HU0000362280MAEXIM
HUF36,150,000,000Floating16 March 20231 March 2028HU0000362280MAEXIM
HUF48,165,000,000Floating5 April 20231 March 2028HU0000362280MAEXIM
HUF44,200,000,000Floating19 April 20231 March 2028HU0000362280MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF16,505,000,0002.50%1 September 202123 May 2029HU0000360763MAEXIM
HUF8,850,000,0002.50%29 September 202123 May 2029HU0000360763MAEXIM
EUR1,000,000,0006.00%16 November 202316 May 2029XS2719137965MAEXIM

DOMESTIC BOND ISSUANCE

BONDS IN CIRCULATION –
RELATED DOCUMENTS

REPAYMENT SCHEDULE

Eximbank’s total IFRS borrowings (excluding interbank loans) as at 30 June 2024 *

Maturing on or before 30 June 2024
(million HUF) 2024 2025 2026 2027 2028 after 2028 Total
HUF denominated 193271 561453 99169 181620 268513 100360 1404386
Foreign currency denominated 39515 139093 119730 492375 112276 778146 1681135
Total 232786 700546 218899 673995 380789 878506 3085521

* The above data are for information purposes only and are based on the non-audited internal records of Eximbank. Eximbank fully disclaims any liability in connection with the completeness, correctness and accuracy of the above data and any loss arising, directly or indirectly, from the potential use of these data.