Special Employee Partial Ownership Plan Org No II of OTP Employees was founded to support employee ownership initiatives within OTP Bank, headquartered in Budapest, Hungary. The primary purpose of this organization is to facilitate partial ownership opportunities for employees, enhancing their engagement and aligning their interests with the company's performance.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OTMUNK 4.50% 2031-07-14 HUFSpecial Employee Partial Ownership Plan Org No II of OTP Employees | Hungary | 2031-07-14 | 4.500 | 9.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Special Employee Partial Ownership Plan Org No II has been active in issuing bonds that serve as a vital funding mechanism for employee ownership programs. The organization began its bond issuance in 2010, marking a significant step in providing financial stability and incentives for employees. Recently, the bonds have offered competitive yields of around 3.5%, appealing notably in a low-interest-rate environment. In 2022, a noteworthy issuance supported a corporate restructuring initiative, demonstrating their commitment to innovative employee ownership strategies while contributing to OTP Bank's broader objectives.