Hungary S-B/A Registration of securities for foreign governments (amended)

February 4, 2011

VIA EDGAR

Securities and Exchange Commission
Office of Investor’s Education and Assistance
100 F Street, N.E.
Washington, D.C. 20549
Attn.: Filing Desk

     Re: Republic of Hungary
Amendment No. 1 to Registration Statement under
Schedule B, Registration No. 333-170923

Ladies and Gentlemen:

     On behalf of the Republic of Hungary, attached for filing via EDGAR is Amendment No. 1 to the Registration Statement on Form S-B filed on December 2, 2010 under the Securities Act of 1933, as amended.

     Please call the undersigned at (212) 715-1167 or Steve Tepper at (212) 715-1140 should you require any additional information or have any questions.

Very truly yours,
 

/s/ Kris Desrosiers 

Kris Desrosiers 

Enclosure