OTP Bank is laying the groundwork to attract Asian investors, as its €7 billion Euro Medium-Term Note (EMTN) program, dated May 27, 2026, was admitted to trading on the Hong Kong Stock Exchange on May 28, the Hungarian financial institution announced Thursday morning.
The listing in Hong Kong followed approval of the base prospectus for the EMTN program by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) on May 27, Világgazdaság writes.
Photo: MTI/Balogh Zoltán
An EMTN program is a flexible way for companies and financial institutions to issue bonds in different currencies and with different repayment periods.
Unlike traditional standalone bond issuances, EMTN programs allow issuers to respond quickly to market demand—often within days—without the need to prepare new documentation for each transaction.
Within the program’s overall limit, capital can be raised in multiple tranches over time, while also providing access to international institutional investors beyond a single market. Among Hungary-based corporates, OTP Bank, MBH Bank, oil- and gas company MOL, and Wizz Air all use EMTN structures as a way to diversify funding sources and manage financing costs.
OTP shares have risen by 16% so far this year.
Via bet.hu, Világgazdaság; Featured image: Pixabay
