Best borrowers 2007: Best sovereign borrower – Central & Eastern Europe: Republic of Hungary

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Best borrowers 2007: Best sovereign borrower – Central & Eastern Europe: Republic of Hungary

Worst of times overcome as investors look to the long term.


Good borrowers can always take advantage of favourable conditions to secure market access. But the very best borrowers can launch issues at even the worst of times. And times can hardly have been worse than in late September 2006 when the Republic of Hungary launched a €500 million tap of its November 2012 floating-rate note.


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