Hungarian lender MBH Bank has decided to issue another EUR 500 million in MREL-eligible bonds as part of its international bond program: Investor interest was high, with the offering nearly two and a half times oversubscribed; the bank ultimately decided to issue bonds with a total face value of EUR 500 million, the financial institution told MTI on Thursday.
The issuance of the 6-year, MREL-eligible bonds – which are callable after 5 years – will take place with a value date of July 16, 2026.
Including this latest transaction, the banking group has already issued a total of EUR 1.5 billion in bonds on international markets this year, which confirms the strong international demand for the MBH Group’s fundamentals and unwavering investor confidence, the bank stated.
In recent years, MBH Bank has issued nearly EUR 2.5 billion in MREL-eligible bonds under its international EMTN program.
This latest successful sale of MREL-eligible bonds not only ensures regulatory compliance but also clearly demonstrates that the MBH Group is successfully holding its own in international capital markets. MBH Investment Bank once again participated in the transaction as a distributor, and the work of numerous other divisions within the banking group also contributed to the transaction’s success, the bank announced. An MREL-eligible bond is a debt instrument issued by a bank that is suitable for meeting the minimum requirements for own funds and eligible liabilities (MREL: Minimum Requirements for own funds and Eligible Liabilities) as prescribed by law.












