Go-It-Alone Hungary Risks Higher Yields on Eurobond Abstinence
(Bloomberg) -- Hungarys plan to win back investment-grade credit ratings by limiting foreign-currency bond sales risks driving local yields higher.
The countrys debt agency wants to replace most of its $23 billion of Eurobonds maturing in the coming decade with forint- denominated notes to limit its vulnerability to exchange-rate swings. Hungary will stay out of the Eurobond market as much as p ...
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