Hungary To Pay IMF Debt On Monday

State debt manager ?KK will pay back the remainder of Hungary?s IMF loan by Monday, vice president L?szl? Andr?s Borb?ly 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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09.08.2013

Source: http://xpatloop.com/news/hungary_to_pay_imf_debt_on_monday

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