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Hungary saves HUF 10 bn with early USD debt repayment
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Hungary has saved almost 10 billion forints (EUR 27.6m) this year by repaying 430 million dollars in public debt before maturity, Finance Minister Mihály Varga said in a video message posted on Facebook on Thursday.
The early repayment was financed with debt that has lower interest and a longer maturity, Varga said. The move saved the country money, extended the maturity of its state debt and strengthened its financial stability, he added.
Source: MTI