Finance

MNB

MNB international reserves climb EUR 454 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 25.165 billion at the end of February, up...

Ratings

Moody’s leaves Hungary’s rating at Baa3

Moodyʼs Investors Service did not upgrade Hungaryʼs sovereign rating further, although a review was on its EU sovereign rating calendar...

MNB

MLS banks raise SME outlays over HUF 300 bln last year

Banks that participated in the Market-Based Lending Scheme (MLS) raised their outlays to SMEs by HUF 302 billion last year,...

MNB

Hungary’s external trade surplus grows to EUR 9.9 bln in 2016

Hungary’s surplus on the trade balance increased by EUR 1.3 billion and amounted to EUR 9.9 bln in 2016 as...

Debt

ÁKK sells HUF 48 bln of bonds at auction, slightly over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 48 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK buys back HUF 20.98 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 20.98 bln of bonds expiring in 2018 before maturity...

Debt

ÁKK sells HUF 20 bln of 3-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Banks work to shed non-performing loans

In the last five years the ratio of banksʼ non-performing loans (NPLs) — those past 90 days due — compared...

Ratings

S&P affirms Hungary ‘BBB-/A-3’ ratings; outlook stable

Standard & Poorʼs Global Ratings said Friday it has affirmed Hungaryʼs long and short-term foreign and local currency sovereign credit...

Debt

ÁKK auctions HUF 20 bln 12-month bills, HUF 7.5 bln floaters

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount twelve-month T-bills at auction on Thursday, in line...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 bln of bonds maturing in 2022 and 2024 for...

MNB

Matolcsy: FX share of state debt should be cut to 10% by 2020

The share of state debt denominated in foreign currency fell to 31% by the end of 2015 and to 25%...

Banking

General gov’t runs HUF 123.4 bln surplus in January, ministry confirms

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, the Ministry for...

Debt

ÁKK sells planned HUF 20 bln of 3-month bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender Monday,...

MNB

MNB international reserves climb EUR 454 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 25.165 billion at the end of February, up...

Ratings

Moody’s leaves Hungary’s rating at Baa3

Moodyʼs Investors Service did not upgrade Hungaryʼs sovereign rating further, although a review was on its EU sovereign rating calendar...

MNB

MLS banks raise SME outlays over HUF 300 bln last year

Banks that participated in the Market-Based Lending Scheme (MLS) raised their outlays to SMEs by HUF 302 billion last year,...

MNB

Hungary’s external trade surplus grows to EUR 9.9 bln in 2016

Hungary’s surplus on the trade balance increased by EUR 1.3 billion and amounted to EUR 9.9 bln in 2016 as...

Debt

ÁKK sells HUF 48 bln of bonds at auction, slightly over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 48 billion of bonds at auction on Thursday, raising its...

Debt

ÁKK buys back HUF 20.98 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 20.98 bln of bonds expiring in 2018 before maturity...

Debt

ÁKK sells HUF 20 bln of 3-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

Banks work to shed non-performing loans

In the last five years the ratio of banksʼ non-performing loans (NPLs) — those past 90 days due — compared...

Ratings

S&P affirms Hungary ‘BBB-/A-3’ ratings; outlook stable

Standard & Poorʼs Global Ratings said Friday it has affirmed Hungaryʼs long and short-term foreign and local currency sovereign credit...

Debt

ÁKK auctions HUF 20 bln 12-month bills, HUF 7.5 bln floaters

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount twelve-month T-bills at auction on Thursday, in line...

Debt

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 bln of bonds maturing in 2022 and 2024 for...

MNB

Matolcsy: FX share of state debt should be cut to 10% by 2020

The share of state debt denominated in foreign currency fell to 31% by the end of 2015 and to 25%...

Banking

General gov’t runs HUF 123.4 bln surplus in January, ministry confirms

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, the Ministry for...

Debt

ÁKK sells planned HUF 20 bln of 3-month bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender Monday,...

MNB international reserves climb EUR 454 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 25.165 billion at the end of February, up...

Moody’s leaves Hungary’s rating at Baa3

Moodyʼs Investors Service did not upgrade Hungaryʼs sovereign rating further, although a review was on its EU sovereign rating calendar...

MLS banks raise SME outlays over HUF 300 bln last year

Banks that participated in the Market-Based Lending Scheme (MLS) raised their outlays to SMEs by HUF 302 billion last year,...

Hungary’s external trade surplus grows to EUR 9.9 bln in 2016

Hungary’s surplus on the trade balance increased by EUR 1.3 billion and amounted to EUR 9.9 bln in 2016 as...

ÁKK sells HUF 48 bln of bonds at auction, slightly over plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 48 billion of bonds at auction on Thursday, raising its...

ÁKK buys back HUF 20.98 bln of bonds early at reverse auction

The Government Debt Management Agency (ÁKK) bought back a combined HUF 20.98 bln of bonds expiring in 2018 before maturity...

ÁKK sells HUF 20 bln of 3-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

Banks work to shed non-performing loans

In the last five years the ratio of banksʼ non-performing loans (NPLs) — those past 90 days due — compared...

S&P affirms Hungary ‘BBB-/A-3’ ratings; outlook stable

Standard & Poorʼs Global Ratings said Friday it has affirmed Hungaryʼs long and short-term foreign and local currency sovereign credit...

ÁKK auctions HUF 20 bln 12-month bills, HUF 7.5 bln floaters

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount twelve-month T-bills at auction on Thursday, in line...

ÁKK sells HUF 40 bln of bonds at switch auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 bln of bonds maturing in 2022 and 2024 for...

Matolcsy: FX share of state debt should be cut to 10% by 2020

The share of state debt denominated in foreign currency fell to 31% by the end of 2015 and to 25%...

General gov’t runs HUF 123.4 bln surplus in January, ministry confirms

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, the Ministry for...

ÁKK sells planned HUF 20 bln of 3-month bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line...

MNB allots HUF 100 bln at one-month EUR/HUF swap tender

The National Bank of Hungary (MNB) allotted HUF 100 billion of one-month forint swaps against euros at a tender Monday,...