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Hungary adds EUR 2.5 billion to 2022 FX issuance target

BUDAPEST (Reuters) - Hungary's debt agency AKK lifted its 2022 foreign currency borrowing target by the equivalent of 2.5 billion euros, it said on Tuesday.

"AKK raised the gross foreign currency bond issuance target by up to EUR 2.5 billion equivalent, making the total gross FX bond issuance target up to EUR 5.1 billion equivalent in 2022, with up to EUR 4.5 billion remaining after the February Samurai bond transaction," it said.

(Reporting by Gergely Szakacs)

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