## Press Release: Hungary Repays Early Its Outstanding Obligations to the IMF

_IMF News, August 12, 2013_

## Source details

**Canonical URL:** [Press Release: Hungary Repays Early Its Outstanding Obligations to the IMF](https://www.imf.org/en/news/articles/2015/09/14/01/49/pr13306)

## Other formats

- [Markdown version](/en/news/articles/2015/09/14/01/49/pr13306/index.md)
- [Structured JSON version](/en/news/articles/2015/09/14/01/49/pr13306/index.json)
- [Bundle manifest](/en/news/articles/2015/09/14/01/49/pr13306/bundle-manifest.json)

## Bibliographic details
- Published: August 12, 2013

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### Repayment summary
- Hungary repaid, ahead of schedule, obligations to the IMF amounting to SDR 1.88 billion (about US$2.85 billion).
- This repayment completes the repayment of the SDR 7.64 billion (about US$11.6 billion) which Hungary had borrowed from the IMF during 2008-09 under its Stand-By Arrangement.
- The amounts repaid early are obligations falling due in 2013 and 2014 under the original repayment schedule.

### Background and timing
- Press Release No. 13/306
- Date: August 12, 2013
- IMF COMMUNICATIONS DEPARTMENT

### Contact (as provided)
- Media Relations
- E-mail: media@imf.org
- Phone: 202-623-7100

*Press Release No. 13/306, August 12, 2013, IMF COMMUNICATIONS DEPARTMENT.*

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## References

- [Hungary and the IMF](http://www.imf.org/external/country/HUN/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [Press Release 08/275](http://www.imf.org/external/np/sec/pr/2008/pr08275.htm)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr13306_