Finance

Ratings

Rating Season Kicks off Strongly for Hungary

The beginning of the review season has brought not one but two upgrades for Hungary. First, S&P lifted its rating,...

MNB

Higher revenue, improved margins boost Masterplast profit

Net income of bourse-listed Hungarian building materials maker Masterplast rose 16% to EUR 3.03 million last year, lifted by higher...

Debt

ÁKK buys back HUF 12.4 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 12.4 billion of bonds expiring in 2020 before maturity at a...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

Fitch upgrades Hungary to ’BBB’; outlook ’stable’

Fitch Ratings raised Hungaryʼs long-term foreign and local currency Issuer Default Ratings (IDRs) from "BBB-" to "BBB" at a scheduled...

Debt

ÁKK sells HUF 42 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.0 billion of securities at auction on Thursday, raising its...

MNB

The Case for Gold as an Investment: Part I

In the first installment of a three-part series, Les Nemethy and Sergey Glekov of Euro-Phoenix look at just how good...

MNB

Debt Levels: Have we Learned the Lessons of 2008?

In this regular biweekly column, Les Nemethy of Central European corporate finance firm Euro-Phoenix questions whether the world really has...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Ratings

S&P raises ratings of OTP, OTP Mortgage Bank

S&P Global Ratings on Tuesday said it raised its long and short-term resolution counterparty ratings (RCRs) on Hungaryʼs OTP Bank...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

S&P upgrades Hungary to ’BBB’; outlook ’stable’

Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB," two...

MNB

Hungaryʼs state debt 70.9% of GDP, including Eximbank

Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at...

Banking

Economic growth up 5% in fourth quarter of 2018

The gross domestic product of Hungary was up by 5.0% according to raw data, and by 4.8% according to seasonally...

Debt

ÁKK sells HUF 90 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 90.0 billion of bonds at auction on Thursday, HUF 25.0...

Ratings

Rating Season Kicks off Strongly for Hungary

The beginning of the review season has brought not one but two upgrades for Hungary. First, S&P lifted its rating,...

MNB

Higher revenue, improved margins boost Masterplast profit

Net income of bourse-listed Hungarian building materials maker Masterplast rose 16% to EUR 3.03 million last year, lifted by higher...

Debt

ÁKK buys back HUF 12.4 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 12.4 billion of bonds expiring in 2020 before maturity at a...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

Fitch upgrades Hungary to ’BBB’; outlook ’stable’

Fitch Ratings raised Hungaryʼs long-term foreign and local currency Issuer Default Ratings (IDRs) from "BBB-" to "BBB" at a scheduled...

Debt

ÁKK sells HUF 42 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.0 billion of securities at auction on Thursday, raising its...

MNB

The Case for Gold as an Investment: Part I

In the first installment of a three-part series, Les Nemethy and Sergey Glekov of Euro-Phoenix look at just how good...

MNB

Debt Levels: Have we Learned the Lessons of 2008?

In this regular biweekly column, Les Nemethy of Central European corporate finance firm Euro-Phoenix questions whether the world really has...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

Ratings

S&P raises ratings of OTP, OTP Mortgage Bank

S&P Global Ratings on Tuesday said it raised its long and short-term resolution counterparty ratings (RCRs) on Hungaryʼs OTP Bank...

Debt

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

Ratings

S&P upgrades Hungary to ’BBB’; outlook ’stable’

Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB," two...

MNB

Hungaryʼs state debt 70.9% of GDP, including Eximbank

Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at...

Banking

Economic growth up 5% in fourth quarter of 2018

The gross domestic product of Hungary was up by 5.0% according to raw data, and by 4.8% according to seasonally...

Debt

ÁKK sells HUF 90 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 90.0 billion of bonds at auction on Thursday, HUF 25.0...

Rating Season Kicks off Strongly for Hungary

The beginning of the review season has brought not one but two upgrades for Hungary. First, S&P lifted its rating,...

Higher revenue, improved margins boost Masterplast profit

Net income of bourse-listed Hungarian building materials maker Masterplast rose 16% to EUR 3.03 million last year, lifted by higher...

ÁKK buys back HUF 12.4 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 12.4 billion of bonds expiring in 2020 before maturity at a...

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line...

Fitch upgrades Hungary to ’BBB’; outlook ’stable’

Fitch Ratings raised Hungaryʼs long-term foreign and local currency Issuer Default Ratings (IDRs) from "BBB-" to "BBB" at a scheduled...

ÁKK sells HUF 42 bln of securities at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 42.0 billion of securities at auction on Thursday, raising its...

The Case for Gold as an Investment: Part I

In the first installment of a three-part series, Les Nemethy and Sergey Glekov of Euro-Phoenix look at just how good...

Debt Levels: Have we Learned the Lessons of 2008?

In this regular biweekly column, Les Nemethy of Central European corporate finance firm Euro-Phoenix questions whether the world really has...

ÁKK sells HUF 40 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028, accepting bonds expiring...

S&P raises ratings of OTP, OTP Mortgage Bank

S&P Global Ratings on Tuesday said it raised its long and short-term resolution counterparty ratings (RCRs) on Hungaryʼs OTP Bank...

ÁKK sells HUF 25 bln of 3-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line...

S&P upgrades Hungary to ’BBB’; outlook ’stable’

Standard & Poor’s Global Ratings, one of the three big ratings agencies, has upgraded Hungary’s sovereign rating to "BBB," two...

Hungaryʼs state debt 70.9% of GDP, including Eximbank

Hungaryʼs national debt as a percentage of GDP reached 70.9% at the end of last year, down from 73.4% at...

Economic growth up 5% in fourth quarter of 2018

The gross domestic product of Hungary was up by 5.0% according to raw data, and by 4.8% according to seasonally...

ÁKK sells HUF 90 bln of bonds at auction, over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 90.0 billion of bonds at auction on Thursday, HUF 25.0...