Mihály Varga announced the good news in a Facebook post: the number of children whose families are collecting savings in Baby Bonds has exceeded 250,000.
„The total stock thus exceeds HUF 126 billion, which represents a 15 percent increase over the past six months.
Why is the Baby Bond beneficial?
Tax-, contribution- and duty-free.
There are no account management fees.
The interest rate is 3 percent higher than inflation.
In addition to the paid amount, there is also a state subsidy.
Thus, with a monthly payment of just a few thousand forints, several million forints can be accumulated by the time the young person turns 18. "
(Header image: Wikipedia)
