December 10, 2012
Citibank Hungary’s customers have now access to the three-year Premium Euro Hungarian Government Bonds with a 5.1 percent initial annual interest rate in Citibank branches, with an investment opportunity available from EUR100.
Batara Sianturi, Citi Country Officer of Citibank Hungary said, “This is a very attractive investment opportunity in euros given the characteristics of bond rates available in the Euro zone at this time. Including this premium euro government bond among our investment offering perfectly fits our strategy to offer our customers the most compelling investment products and services to meet their short, mid and long term financial goals.”
Jon Wiggins, Consumer Business Manager for Citibank Hungary also remarked, “We already experience great customer interest in buying these bonds. Their floating rates are linked to EUROSTAT Harmonized Index of Consumer Prices and it offers a flexible investment scheme with attractive rate opportunities even if sold before the three-year maturity. We encourage our customers to leverage the benefits this product can bring them in a well-diversified investment portfolio.”
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