State Treasury expects H2 gov’t securities sales of HUF 100 bln



Hungary’s State Treasury plans to sell about HUF 100 billion worth of securities designed for retail investors in the second half, thereby raising retail sales of forint securities over HUF 1 trillion this year, Treasury President József Dancsó told the daily Magyar Idők today.

Dancsó said that while there is no specific sales target, the aim is to increase retail sales as much as possible. The Treasury plans to raise the number of retail sales points from the present 79, while expanding internet and mobile sales channels. The Treasury receives a distribution fee, similar to any market distributor, he noted. 

Net sales of retail securities reached HUF 1.106 trln in 2015, according to figures of the Government Debt Management Agency (ÁKK). The ÁKK sold a net HUF 907 bln in retail forint government securities in the first five months of this year, the latest available ÁKK figures show. The stock stood at HUF 4.425 trln at the end of May, making up 17.7% of all outstanding central budget debt.


Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.