Weekly purchase volume has been around HUF 60 bln nearly every week since early February. The latest weekly QE data shows the MNB bought HUF 33 bln of government securities at auctions and HUF 24 bln outside auctions.
The bonds included HUF 28 bln of government securities with terms under 10 years.
The total purchases made in the framework of the QE program reached HUF 2.342 trillion on June 6, including HUF 2.281 tln of government securities and HUF 60.6 bln of bonds from other issuers with government guarantees, such as the Hungarian Development Bank (MFB) and Magyar Eximbank.
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