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 December 2024, Eximbank’s liabilities in accordance with Eximbank Act 7. § (1) a), under the Funding Guarantee represented 76,08% 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

Sole Bookrunner: Morgan Stanley Europe SE

Listing: London Stock Exchange

 

Outstanding bonds by maturity

Updated: 2025.01.20.

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF35 000 000 000,00 8,50% 17 January 2024 15 January 2025HU0000363395 MAEXIM
HUF20 291 390 000,00 8,50% 31 January 202415 January 2025HU0000363395 MAEXIM
HUF40 000 000 000,00 7,00% 14 February 2024 12 February 2025 HU0000363494 MAEXIM
HUF28 214 280 000,00 7,00% 28 February 2024 12 February 2025 HU0000363494 MAEXIM
HUF4 999 990 000,00 7,00% 10 April 2024 9 April 2025 HU0000363759 MAEXIM
HUF12 772 060 000,00 7,00% 24 April 2024 9 April 2025 HU0000363759 MAEXIM
HUF37 129 000 000,00 7,00% 15 May 2024 14 May 2025 HU0000363858 MAEXIM
HUF37 978 100 000,00 7,00% 23 May 2024 14 May 2025 HU0000363858 MAEXIM
HUF20 750 000 000,00 7,00% 12 June 2024 11 June 2025 HU0000363981 MAEXIM
HUF18 680 000 000,00 7,00% 19 June 2024 11 June 2025 HU0000363981 MAEXIM
HUF23 304 450 000,0011,00%2 August 20234 August 2025HU0000362801 MAEXIM
HUF16 056 000 000,006,00%28 August 202427 August 2025HU0000364187 MAEXIM
HUF15 947 000 000,006,00%4 September 202427 August 2025HU0000364187 MAEXIM
HUF54 500 000 000,0011,00%16 August 20239 September 2025HU0000362850 MAEXIM
HUF48 795 000 000,0011,00%30 August 20239 September 2025HU0000362850 MAEXIM
HUF24 999 980 000,006,00%25 September 202324 September 2025HU0000364278 MAEXIM
HUF19 142 830 000,006,00%09 October 202424 September 2025HU0000364278 MAEXIM
HUF 21 061 250 000,0010,50%20 September 202321 October 2025HU0000362959 MAEXIM
HUF14 488 000 000,0010,50%4 October 202321 October 2025HU0000362959 MAEXIM
HUF13 375 000 000,0010,50%18 October 202321 October 2025HU0000362959 MAEXIM
HUF16 550 000 000,006,00%24 October 202319 November 2025HU0000364369 MAEXIM
HUF12 490 000 000,006,00%20 November 202419 November 2025HU0000364435 MAEXIM
HUF15 378 000 000,006,00%4 December 202419 November 2025HU0000364435 MAEXIM
HUF20 322 000 000,001,68%9 October 202026 November 2025HU0000360029 MAEXIM

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
HUF5 000 000 000,00 6,50% 28 February 2024 26 February 2027 HU0000363528 MAEXIM
HUF5 500 000 000,00 6,50% 10 April 2024 26 February 2027 HU0000363528 MAEXIM
HUF5 412 750 000,00 6,50% 24 April 2024 26 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

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
EUR500 000 000,004,50%27 November 202427 November 2031XS2947186131 MAEXIM

CurrencyNominal amountInterestIssue dateMaturity DateISIN CodeBloomberg
HUF25 000 000 000,007,80%23 May 202423 May 2034HU0000363791 MAEXIM

Repayment Schedule

Maturity structure of Eximbank's liabilities under IFRS as at 31 December 2024 (excluding interbank borrowings)*

Maturing on or before 31 December 2024
(million HUF) 2025 2026 2027 2028 2029 after 2029 Total
HUF denominated 682016 99169 181619 268486 65360 35000 1331650
Foreign currency denominated 144352 124257 576068 117442 615135 459301 2036555
Total 826368 223426 757687 385928 680495 494301 3368205

* 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.