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Hungary baby bond accounts close to 160,000

August 28th, 2018

The number of Hungary's Start "baby bond" accounts at the State Treasury has risen close to 160,000, daily Magyar Idok said on Tuesday. A 42,500 forint (EUR 131) start-of-life subsidy has been available to all Hungarian-born citizens who reside in the country since 2006, but the Treasury took over exclusive management of the baby bonds in the autumn of 2012. The bonds are also now available for Hungarian children living abroad who were born after June 30, 2017.


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