MBH Bank, Hungary's second-biggest commercial lender, on Monday announced that it will issue a EUR 500m five-year bond on February 2.
Investors had offered to subscribe EUR 2.2 billion of the MREL (Minimum Requirement for own funds and Eligible Liabilities)-eligible funding, more than four times higher than the original offer, MBH said.
During the transaction, the majority of offers came from international investors, and a smaller portion from domestic institutional investors, it added.
The bank noted that with the current bond, MBH Bank has issued a total of nearly EUR 2 billion of MREL-eligible bonds under its international bond issue programme in the past three years.












