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• Economy

  Hungary issues panda bonds for RMB 1 bln

  

  Hungary has issued yuan-denominated "panda" bonds, targeted at the domestic Chinese market, for the value of RMB 1 bln with three-year maturity and a 4.85% coupon, the Government Debt Management Agency (ÁKK) said today, Hungarian news agency MTI reported.

   Wed, July 26, 2017, 12:36

  • panda
  • bond
  • bill
  • yield
  • bid
  • auction
  • government debt management agency
  • akk
• Economy

  ÁKK sells HUF 22.5 bln of bonds at switch auction, below plan

  The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of bonds maturing in 2026 for ones expiring in 2019 at a switch auction today, Hungarian news agency MTI reported.

   Wed, July 26, 2017, 11:48

  • akk
  • government debt management agency
  • bond
  • bill
  • yield
  • auction
• Budapest

  Budapest adds Ljubljana Square

  

  The space at the meeting of Bükköny and Sáfrány streets in Budapest’s District IX was today named Ljubljana Square, after the capital’s General Assembly decided on the move on June 21, according to Hungarian news portal index.hu.

   Tue, July 25, 2017, 13:54

  • budapest
  • slovenia
  • ljubljana
  • square
  • naming
• Economy

  ÁKK sells HUF 15 bln of three-month T-bills, as planned

  

  The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with the original offer.

   Tue, July 25, 2017, 13:00

  • akk
  • government debt management agency
  • bond
  • yield
  • bill
  • auction
• Whatson

  Budapest Gallery shows ʼGaze of Thoughtʼ

  

  Budapest Gallery is opening an exhibition entitled "Gaze of Thought", portraying the artwork of Miklós Gaál and Tibor iski Kocsis from August 2 to September 10, according to a press statement sent to the Budapest Business Journal.

   Mon, July 24, 2017, 13:04

  • gallery
  • gaze
  • budapest
  • show
• Economy

  Hungarian Red Cross helps storm-hit villages

  

  The Hungarian Red Cross has been supporting 1,300 people affected by severe storms in late June, with financial and technical assistance from the International Federation of Red Cross and Red Crescent Societies (IFRC), according to a press statement sent to the Budapest Business Journal.

   Fri, July 21, 2017, 13:37

  • red cross
  • strom
  • village
• Business

  Waberer’s closes acquisition of Polish peer

  

  Hungarian road haulage company Waberer’s has closed the acquisition of its Polish peers Link and Link Services for a combined EUR 32.5 million, which the Hungarian company financed from its own resources, according to a press statement sent to the Budapest Business Journal.

   Fri, July 21, 2017, 10:44

  • waberer
  • logistics
  • haulage
  • road
  • link
  • poland
  • polish peer
• Economy

  ÁKK sells HUF 34.5 bln of bonds at auction, HUF 5.5 bln under plan

  

  The Government Debt Management Agency (ÁKK) sold a combined HUF 34.5 billion of bonds at auction today, cutting its original offer by HUF 5.5 bln on paltry demand for the shortest maturity, Hungarian news agency MTI reported.

   Thu, July 20, 2017, 11:57

  • akk
  • government debt management agency
  • bond
  • yield
  • auction
  • bid
  • plan
• Economy

  Gen’ gov’t deficit reaches 78% of full-year target in June, ministry confirms

  

  Hungaryʼs cash flow-based general government deficit reached HUF 911.2 billion at the end of June, 78.1% of the full-year target, the National Economy Ministry confirmed in a second reading of data today, Hungarian news agency MTI reported. The deficit does not include the balance of local councils.

   Thu, July 20, 2017, 11:49

  • general
  • government
  • deficit
  • ministry
• Economy

  Hungaryʼs gross earnings up 12.9% in May

  

  Hungary’s average gross earnings were up by 12.9% to HUF 296,100 in May, as compared to the same month a year earlier, while they grew by 12.1% to HUF 288,900 in the January-May period, according to a first release of data published by the Central Statistical Office (KSH) today.

   Thu, July 20, 2017, 11:21

  • ksh
  • wages
  • salaries
  • stats
  • statistics
  • central statistical office
  • ksh