Hungary To Pay IMF Debt On Monday
- 9 Aug 2013 8:00 AM
State debt manager ÁKK will pay back the remainder of Hungary’s IMF loan by Monday, vice president László András Borbély said in a Thursday radio interview. The last instalment of €2.2 billion will be paid in three currencies, as requested by the IMF: euros, US dollars and British pounds.
Funding for the debt repayment is available from foreign-currency bond issues.
Source: Hungary Around the Clock
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