Finance

MNB

CEO: Eximbank should not add to accounting of state debt

Magyar Eximbank only transfers a little more than 8% of its outlays to domestic companies, so its spending should not...

Banking

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Debt

ÁKK sells HUF 40 bln of twelve-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount twelve-month T-bills at auction today, in line with...

Banking

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

Debt

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

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of bonds maturing in 2024 and 2025 for ones that...

Debt

ÁKK sells HUF 50 bln of three-month bills as demand jumps

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of discount three-month T-bills at auction today, raising...

Debt

ÁKK plans moderate net HUF issues, big early buybacks in May-July

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 285 billion, practically all in bonds, combined...

MNB

Sopron Bank receives HUF 29 mln fine

The National Bank of Hungary (MNB) fined Sopron Bank Burgenland HUF 29 million on charges of a number of regulatory...

MNB

MNB weighs future of interest-rate swaps

The National Bank of Hungary (MNB) will weigh whether the interest rates swaps it offers lenders who buy government securities...

Debt

Varga: Hungary may tap onshore bond market in China after offshore yuan bond

Hungary sold a three-year CNY 1 billion (€136.8 million) offshore yuan bond yesterday, and there is chance that it could...

Debt

Varga: Government to assess residency bonds in H1

The Hungarian government will review its experience with residency bonds in the first half of this year and adjust the...

Ratings

Commerzbank sees 0.75% base lending rate by yearʼs end

The central bank will cut the base lending rate from its current 1.2% down to 0.75%, GDP growth will slow...

Debt

ÁKK sells HUF 75 bln of bonds at auction, HUF 25 bln over offer

The Government Debt Management Agency (ÁKK) sold a combined HUF 75 bln of bonds at an auction today, raising its...

Debt

ÁKK mandates Bank of China Limited for yuan bond

Hungaryʼs Government Debt Management Agency (ÁKK) has mandated the Bank of China Limited to organize an offshore yuan-denominated bond issue,...

Ratings

Moody’s: Hungaryʼs external improvement ‘stands out’ in CEE

Hungary stands out among the eight central and eastern European EU economies because it has recorded the strongest improvement in...

MNB

CEO: Eximbank should not add to accounting of state debt

Magyar Eximbank only transfers a little more than 8% of its outlays to domestic companies, so its spending should not...

Banking

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Debt

ÁKK sells HUF 40 bln of twelve-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount twelve-month T-bills at auction today, in line with...

Banking

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

Debt

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

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of bonds maturing in 2024 and 2025 for ones that...

Debt

ÁKK sells HUF 50 bln of three-month bills as demand jumps

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of discount three-month T-bills at auction today, raising...

Debt

ÁKK plans moderate net HUF issues, big early buybacks in May-July

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 285 billion, practically all in bonds, combined...

MNB

Sopron Bank receives HUF 29 mln fine

The National Bank of Hungary (MNB) fined Sopron Bank Burgenland HUF 29 million on charges of a number of regulatory...

MNB

MNB weighs future of interest-rate swaps

The National Bank of Hungary (MNB) will weigh whether the interest rates swaps it offers lenders who buy government securities...

Debt

Varga: Hungary may tap onshore bond market in China after offshore yuan bond

Hungary sold a three-year CNY 1 billion (€136.8 million) offshore yuan bond yesterday, and there is chance that it could...

Debt

Varga: Government to assess residency bonds in H1

The Hungarian government will review its experience with residency bonds in the first half of this year and adjust the...

Ratings

Commerzbank sees 0.75% base lending rate by yearʼs end

The central bank will cut the base lending rate from its current 1.2% down to 0.75%, GDP growth will slow...

Debt

ÁKK sells HUF 75 bln of bonds at auction, HUF 25 bln over offer

The Government Debt Management Agency (ÁKK) sold a combined HUF 75 bln of bonds at an auction today, raising its...

Debt

ÁKK mandates Bank of China Limited for yuan bond

Hungaryʼs Government Debt Management Agency (ÁKK) has mandated the Bank of China Limited to organize an offshore yuan-denominated bond issue,...

Ratings

Moody’s: Hungaryʼs external improvement ‘stands out’ in CEE

Hungary stands out among the eight central and eastern European EU economies because it has recorded the strongest improvement in...

CEO: Eximbank should not add to accounting of state debt

Magyar Eximbank only transfers a little more than 8% of its outlays to domestic companies, so its spending should not...

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

ÁKK sells HUF 40 bln of twelve-month bills at auction, as planned

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount twelve-month T-bills at auction today, in line with...

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

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

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of bonds maturing in 2024 and 2025 for ones that...

ÁKK sells HUF 50 bln of three-month bills as demand jumps

The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of discount three-month T-bills at auction today, raising...

ÁKK plans moderate net HUF issues, big early buybacks in May-July

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 285 billion, practically all in bonds, combined...

Sopron Bank receives HUF 29 mln fine

The National Bank of Hungary (MNB) fined Sopron Bank Burgenland HUF 29 million on charges of a number of regulatory...

MNB weighs future of interest-rate swaps

The National Bank of Hungary (MNB) will weigh whether the interest rates swaps it offers lenders who buy government securities...

Varga: Hungary may tap onshore bond market in China after offshore yuan bond

Hungary sold a three-year CNY 1 billion (€136.8 million) offshore yuan bond yesterday, and there is chance that it could...

Varga: Government to assess residency bonds in H1

The Hungarian government will review its experience with residency bonds in the first half of this year and adjust the...

Commerzbank sees 0.75% base lending rate by yearʼs end

The central bank will cut the base lending rate from its current 1.2% down to 0.75%, GDP growth will slow...

ÁKK sells HUF 75 bln of bonds at auction, HUF 25 bln over offer

The Government Debt Management Agency (ÁKK) sold a combined HUF 75 bln of bonds at an auction today, raising its...

ÁKK mandates Bank of China Limited for yuan bond

Hungaryʼs Government Debt Management Agency (ÁKK) has mandated the Bank of China Limited to organize an offshore yuan-denominated bond issue,...

Moody’s: Hungaryʼs external improvement ‘stands out’ in CEE

Hungary stands out among the eight central and eastern European EU economies because it has recorded the strongest improvement in...