Finance

Ratings

S&P keeps Hungarian debt below investment grade

Standard & Poor’s is keeping Hungary’s debt ratings in junk category, just below investment grade, the credit assessment agency announced...

Debt

ÁKK sells more than planned bonds at dropping yields at auction

The Government Debt Management Agency (ÁKK) sold HUF 64 bln of bonds at auction on Thursday, raising its original offer...

Debt

ÁKK sells planned volume of three-month bills, yields rise

The Government Debt Management Agency (ÁKK) sold the planned HUF 40 bln of discount three-month T-bills at auction on today,...

Debt

ÁKK buys HUF 49.9 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 49.9 bln of bonds before their maturity in November 2017 while...

MNB

MNB: Half of non-performing mortgage loans could be restructured

Hungarian lenders could restructure the mortgage loans of half of the 130,000 Hungarians who have fallen three months or more...

MNB

MNB allots HUF 13.6 bln of IRS linked to lending at tender

The National Bank of Hungary (MNB) allotted HUF 13.6 bln of a new three-year interest rate swap instrument, to banks...

Debt

ÁKK sells HUF 45 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 bln of securities at auction on Thursday, in line...

Debt

ÁKK exchanges HUF 32.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 32.5 bln of bonds maturing in 2024 and 2028 for ones that...

Debt

ÁKK cuts sale at three-month bill auction, yields rise

The Government Debt Management Agency (ÁKK) sold HUF 36 bln of discount three-month T-bills at auction on Tuesday, HUF 4...

Banking

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

MNB

MNB inernational reserves rise €447 mln in February

The National Bank of Hungaryʼs (MNB) international reserves stood at €31.715 billion at the end of February, up €447 million...

Ratings

Moody’s leaves Hungary’s credit rating in ‘junk’ territory

Hungary’s credit rating remains in “junk” territory, one step below investment grade, Moody’s Investor Service announced after the close of...

Ratings

Analysts: Moodyʼs likelier to upgrade Hungary later, not today

Moodyʼs could raise Hungaryʼs sovereign rating to investment grade today, but it is more likely that the ratings agency will...

Debt

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

The Government Debt Management Agency (ÁKK) sold HUF 75 bln of bonds at auction today, raising its original offer by...

Debt

ÁKK buys HUF 61.34 bln of bonds at reverse auction, far more than planned

The Government Debt Management Agency (ÁKK) bought HUF 61.34 bln of bonds before maturity at a reverse auction today, well...

Ratings

S&P keeps Hungarian debt below investment grade

Standard & Poor’s is keeping Hungary’s debt ratings in junk category, just below investment grade, the credit assessment agency announced...

Debt

ÁKK sells more than planned bonds at dropping yields at auction

The Government Debt Management Agency (ÁKK) sold HUF 64 bln of bonds at auction on Thursday, raising its original offer...

Debt

ÁKK sells planned volume of three-month bills, yields rise

The Government Debt Management Agency (ÁKK) sold the planned HUF 40 bln of discount three-month T-bills at auction on today,...

Debt

ÁKK buys HUF 49.9 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 49.9 bln of bonds before their maturity in November 2017 while...

MNB

MNB: Half of non-performing mortgage loans could be restructured

Hungarian lenders could restructure the mortgage loans of half of the 130,000 Hungarians who have fallen three months or more...

MNB

MNB allots HUF 13.6 bln of IRS linked to lending at tender

The National Bank of Hungary (MNB) allotted HUF 13.6 bln of a new three-year interest rate swap instrument, to banks...

Debt

ÁKK sells HUF 45 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 bln of securities at auction on Thursday, in line...

Debt

ÁKK exchanges HUF 32.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 32.5 bln of bonds maturing in 2024 and 2028 for ones that...

Debt

ÁKK cuts sale at three-month bill auction, yields rise

The Government Debt Management Agency (ÁKK) sold HUF 36 bln of discount three-month T-bills at auction on Tuesday, HUF 4...

Banking

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

MNB

MNB inernational reserves rise €447 mln in February

The National Bank of Hungaryʼs (MNB) international reserves stood at €31.715 billion at the end of February, up €447 million...

Ratings

Moody’s leaves Hungary’s credit rating in ‘junk’ territory

Hungary’s credit rating remains in “junk” territory, one step below investment grade, Moody’s Investor Service announced after the close of...

Ratings

Analysts: Moodyʼs likelier to upgrade Hungary later, not today

Moodyʼs could raise Hungaryʼs sovereign rating to investment grade today, but it is more likely that the ratings agency will...

Debt

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

The Government Debt Management Agency (ÁKK) sold HUF 75 bln of bonds at auction today, raising its original offer by...

Debt

ÁKK buys HUF 61.34 bln of bonds at reverse auction, far more than planned

The Government Debt Management Agency (ÁKK) bought HUF 61.34 bln of bonds before maturity at a reverse auction today, well...

S&P keeps Hungarian debt below investment grade

Standard & Poor’s is keeping Hungary’s debt ratings in junk category, just below investment grade, the credit assessment agency announced...

ÁKK sells more than planned bonds at dropping yields at auction

The Government Debt Management Agency (ÁKK) sold HUF 64 bln of bonds at auction on Thursday, raising its original offer...

ÁKK sells planned volume of three-month bills, yields rise

The Government Debt Management Agency (ÁKK) sold the planned HUF 40 bln of discount three-month T-bills at auction on today,...

ÁKK buys HUF 49.9 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 49.9 bln of bonds before their maturity in November 2017 while...

MNB: Half of non-performing mortgage loans could be restructured

Hungarian lenders could restructure the mortgage loans of half of the 130,000 Hungarians who have fallen three months or more...

MNB allots HUF 13.6 bln of IRS linked to lending at tender

The National Bank of Hungary (MNB) allotted HUF 13.6 bln of a new three-year interest rate swap instrument, to banks...

ÁKK sells HUF 45 bln of bonds at auction, as planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 45 bln of securities at auction on Thursday, in line...

ÁKK exchanges HUF 32.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 32.5 bln of bonds maturing in 2024 and 2028 for ones that...

ÁKK cuts sale at three-month bill auction, yields rise

The Government Debt Management Agency (ÁKK) sold HUF 36 bln of discount three-month T-bills at auction on Tuesday, HUF 4...

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

MNB inernational reserves rise €447 mln in February

The National Bank of Hungaryʼs (MNB) international reserves stood at €31.715 billion at the end of February, up €447 million...

Moody’s leaves Hungary’s credit rating in ‘junk’ territory

Hungary’s credit rating remains in “junk” territory, one step below investment grade, Moody’s Investor Service announced after the close of...

Analysts: Moodyʼs likelier to upgrade Hungary later, not today

Moodyʼs could raise Hungaryʼs sovereign rating to investment grade today, but it is more likely that the ratings agency will...

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

The Government Debt Management Agency (ÁKK) sold HUF 75 bln of bonds at auction today, raising its original offer by...

ÁKK buys HUF 61.34 bln of bonds at reverse auction, far more than planned

The Government Debt Management Agency (ÁKK) bought HUF 61.34 bln of bonds before maturity at a reverse auction today, well...