Finance

Banking

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

MNB

Record net external financing capacity in Q3, data suggest

Hungaryʼs net external financing capacity rose to EUR 3.89 billion in the third quarter, a new record, as surpluses in...

Debt

Magyar Eximbank sells EUR 75 mln eurobonds at negative yield

Magyar Eximbank sold EUR 75 million of one-year eurobonds at an auction on Monday, a disclosure posted on the website...

Debt

ÁKK sells HUF 20bn of three-month T-bills, as planned

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 20 billion of discount three-month T-bills at auction today, in...

MNB

MNB allots HUF 200 bln at third EUR/HUF FX swap tender

The National Bank of Hungary (MNB) allotted HUF 200 billion of one-month forint swaps against euros at a tender on...

Banking

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

Debt

Bond auction sales exceed plan, yields rise

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 52 billion of bonds at auction today, raising its original...

MNB

EC revises Hungary GDP growth forecast down to 2.1%

Hungaryʼs real GDP growth is expected to be 2.1% this year, the European Commission said in its autumn economic forecast...

MNB

Trade surplus over EUR 1 bln in September

Hungaryʼs trade surplus reached EUR 1.04 billion in September, up EUR 175 million compared to the same month a year...

MNB

Mol bids for Anheuser-Busch brands, Reuters reports

Hungary’s oil and gas company Mol is one of at least six companies submitting indicative offers by industry players and...

Debt

ÁKK buys back HUF 143 bln of bonds at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought back a combined HUF 142.98 billion of bonds expiring in 2018 before maturity...

Ratings

FHBʼs covered bonds receive Moody’s upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by FHB Mortgage Bank Co. Plc. from Ba1 (on review for...

Ratings

OTP Mortgage Bankʼs covered bonds get upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by OTP Jelzálogbank Zrt. (OTP Mortgage Bank) from Baa2 to Baa1,...

Ratings

Moody’s upgrades four Hungarian banks

Moodyʼs Investors Service has taken rating actions on four Hungarian banks, prompted by the upgrade of the Hungarian governmentʼs debt...

Debt

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

Hungaryʼs Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of discount three-month T-bills at auction today, in...

Banking

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

MNB

Record net external financing capacity in Q3, data suggest

Hungaryʼs net external financing capacity rose to EUR 3.89 billion in the third quarter, a new record, as surpluses in...

Debt

Magyar Eximbank sells EUR 75 mln eurobonds at negative yield

Magyar Eximbank sold EUR 75 million of one-year eurobonds at an auction on Monday, a disclosure posted on the website...

Debt

ÁKK sells HUF 20bn of three-month T-bills, as planned

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 20 billion of discount three-month T-bills at auction today, in...

MNB

MNB allots HUF 200 bln at third EUR/HUF FX swap tender

The National Bank of Hungary (MNB) allotted HUF 200 billion of one-month forint swaps against euros at a tender on...

Banking

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

Debt

Bond auction sales exceed plan, yields rise

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 52 billion of bonds at auction today, raising its original...

MNB

EC revises Hungary GDP growth forecast down to 2.1%

Hungaryʼs real GDP growth is expected to be 2.1% this year, the European Commission said in its autumn economic forecast...

MNB

Trade surplus over EUR 1 bln in September

Hungaryʼs trade surplus reached EUR 1.04 billion in September, up EUR 175 million compared to the same month a year...

MNB

Mol bids for Anheuser-Busch brands, Reuters reports

Hungary’s oil and gas company Mol is one of at least six companies submitting indicative offers by industry players and...

Debt

ÁKK buys back HUF 143 bln of bonds at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought back a combined HUF 142.98 billion of bonds expiring in 2018 before maturity...

Ratings

FHBʼs covered bonds receive Moody’s upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by FHB Mortgage Bank Co. Plc. from Ba1 (on review for...

Ratings

OTP Mortgage Bankʼs covered bonds get upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by OTP Jelzálogbank Zrt. (OTP Mortgage Bank) from Baa2 to Baa1,...

Ratings

Moody’s upgrades four Hungarian banks

Moodyʼs Investors Service has taken rating actions on four Hungarian banks, prompted by the upgrade of the Hungarian governmentʼs debt...

Debt

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

Hungaryʼs Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of discount three-month T-bills at auction today, in...

Gov’t decree clarifies subsidies for installing e-tills

The Hungarian government will provide a HUF 50,000 subsidy per electronic till to be installed at companies with annual revenues...

Record net external financing capacity in Q3, data suggest

Hungaryʼs net external financing capacity rose to EUR 3.89 billion in the third quarter, a new record, as surpluses in...

Magyar Eximbank sells EUR 75 mln eurobonds at negative yield

Magyar Eximbank sold EUR 75 million of one-year eurobonds at an auction on Monday, a disclosure posted on the website...

ÁKK sells HUF 20bn of three-month T-bills, as planned

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 20 billion of discount three-month T-bills at auction today, in...

MNB allots HUF 200 bln at third EUR/HUF FX swap tender

The National Bank of Hungary (MNB) allotted HUF 200 billion of one-month forint swaps against euros at a tender on...

Gov’t proposes raising minimum wage, cutting payroll taxes

The Hungarian government is proposing a 15% raise in the minimum wage of unskilled workers for next year and a...

Bond auction sales exceed plan, yields rise

Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 52 billion of bonds at auction today, raising its original...

EC revises Hungary GDP growth forecast down to 2.1%

Hungaryʼs real GDP growth is expected to be 2.1% this year, the European Commission said in its autumn economic forecast...

Trade surplus over EUR 1 bln in September

Hungaryʼs trade surplus reached EUR 1.04 billion in September, up EUR 175 million compared to the same month a year...

Mol bids for Anheuser-Busch brands, Reuters reports

Hungary’s oil and gas company Mol is one of at least six companies submitting indicative offers by industry players and...

ÁKK buys back HUF 143 bln of bonds at reverse auction

Hungary’s Government Debt Management Agency (ÁKK) bought back a combined HUF 142.98 billion of bonds expiring in 2018 before maturity...

FHBʼs covered bonds receive Moody’s upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by FHB Mortgage Bank Co. Plc. from Ba1 (on review for...

OTP Mortgage Bankʼs covered bonds get upgrade

Moodyʼs Investors Service has upgraded the covered bonds issued by OTP Jelzálogbank Zrt. (OTP Mortgage Bank) from Baa2 to Baa1,...

Moody’s upgrades four Hungarian banks

Moodyʼs Investors Service has taken rating actions on four Hungarian banks, prompted by the upgrade of the Hungarian governmentʼs debt...

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

Hungaryʼs Government Debt Management Agency (ÁKK) sold a combined HUF 20 bln of discount three-month T-bills at auction today, in...