Finance

Debt

ÁKK sells HUF 65 bln of bonds at auction, HUF 15 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 65 bln of bonds at auction today, raising its original offer by...

Debt

ÁKK buys HUF 16.5 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought HUF 16.5 bln of bonds before maturity at a reverse auction on Wednesday,...

MNB

MNB: Net general government borrowing in Hungary 1.8% of GDP in 2015

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 616 billion...

Ratings

IMF: Hungarian economy performing well, vulnerability declined

The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing...

Ratings

Report: Forint to depreciate as monetary policy is eased

Chief Economist Jörg Krämer of Germany-based Commerzbank predicts a depreciation of the Hungarian forint as the country’s monetary policy is eased, according...

Debt

ÁKK sells HUF 50 bln of three-month bills, over plan

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

Banking

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

MNB

CIB Bank refinances HUF 10 bln in mortgage loans

CIB Bank refinanced about HUF 10 bln in mortgage loans last year, Hungarian news agency MTI reported today....

MNB

MNB: Demand, allotment of IRSs linked to lending drops at 2nd tender

The National Bank of Hungary (MNB) allotted HUF 109.65 bln of its recently introduced three-year interest rate swap (IRS) conditional...

Debt

Retail government securities stock grows HUF 190 bln in January

Stock of retail government securities denominated in forints rose by HUF 189.6 billion to HUF 3.707 trillion in January, the...

Debt

ÁKK sells HUF 41 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41 bln of securities at auction today, lowering its original...

Debt

ÁKK exchanges HUF 35.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 35.5 bln of bonds maturing in 2024 and 2025 for ones that...

Banking

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

Debt

ÁKK sells HUF 40 bln of three-month bills, as planned

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

MNB

Banking association head notes success of MNB’s monetary policy

Mihály Patai, the head of the Hungarian Banking Association, acknowledged the success of the National Bank of Hungary’s monetary policy...

Debt

ÁKK sells HUF 65 bln of bonds at auction, HUF 15 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 65 bln of bonds at auction today, raising its original offer by...

Debt

ÁKK buys HUF 16.5 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought HUF 16.5 bln of bonds before maturity at a reverse auction on Wednesday,...

MNB

MNB: Net general government borrowing in Hungary 1.8% of GDP in 2015

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 616 billion...

Ratings

IMF: Hungarian economy performing well, vulnerability declined

The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing...

Ratings

Report: Forint to depreciate as monetary policy is eased

Chief Economist Jörg Krämer of Germany-based Commerzbank predicts a depreciation of the Hungarian forint as the country’s monetary policy is eased, according...

Debt

ÁKK sells HUF 50 bln of three-month bills, over plan

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

Banking

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

MNB

CIB Bank refinances HUF 10 bln in mortgage loans

CIB Bank refinanced about HUF 10 bln in mortgage loans last year, Hungarian news agency MTI reported today....

MNB

MNB: Demand, allotment of IRSs linked to lending drops at 2nd tender

The National Bank of Hungary (MNB) allotted HUF 109.65 bln of its recently introduced three-year interest rate swap (IRS) conditional...

Debt

Retail government securities stock grows HUF 190 bln in January

Stock of retail government securities denominated in forints rose by HUF 189.6 billion to HUF 3.707 trillion in January, the...

Debt

ÁKK sells HUF 41 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41 bln of securities at auction today, lowering its original...

Debt

ÁKK exchanges HUF 35.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 35.5 bln of bonds maturing in 2024 and 2025 for ones that...

Banking

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

Debt

ÁKK sells HUF 40 bln of three-month bills, as planned

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

MNB

Banking association head notes success of MNB’s monetary policy

Mihály Patai, the head of the Hungarian Banking Association, acknowledged the success of the National Bank of Hungary’s monetary policy...

ÁKK sells HUF 65 bln of bonds at auction, HUF 15 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 65 bln of bonds at auction today, raising its original offer by...

ÁKK buys HUF 16.5 bln of bonds at reverse auction, more than planned

The Government Debt Management Agency (ÁKK) bought HUF 16.5 bln of bonds before maturity at a reverse auction on Wednesday,...

MNB: Net general government borrowing in Hungary 1.8% of GDP in 2015

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 616 billion...

IMF: Hungarian economy performing well, vulnerability declined

The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing...

Report: Forint to depreciate as monetary policy is eased

Chief Economist Jörg Krämer of Germany-based Commerzbank predicts a depreciation of the Hungarian forint as the country’s monetary policy is eased, according...

ÁKK sells HUF 50 bln of three-month bills, over plan

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

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

CIB Bank refinances HUF 10 bln in mortgage loans

CIB Bank refinanced about HUF 10 bln in mortgage loans last year, Hungarian news agency MTI reported today....

MNB: Demand, allotment of IRSs linked to lending drops at 2nd tender

The National Bank of Hungary (MNB) allotted HUF 109.65 bln of its recently introduced three-year interest rate swap (IRS) conditional...

Retail government securities stock grows HUF 190 bln in January

Stock of retail government securities denominated in forints rose by HUF 189.6 billion to HUF 3.707 trillion in January, the...

ÁKK sells HUF 41 bln of securities at auction, under plan

The Government Debt Management Agency (ÁKK) sold a combined HUF 41 bln of securities at auction today, lowering its original...

ÁKK exchanges HUF 35.5 bln of bonds at switch auction, less than planned

The Government Debt Management Agency (ÁKK) sold HUF 35.5 bln of bonds maturing in 2024 and 2025 for ones that...

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

ÁKK sells HUF 40 bln of three-month bills, as planned

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

Banking association head notes success of MNB’s monetary policy

Mihály Patai, the head of the Hungarian Banking Association, acknowledged the success of the National Bank of Hungary’s monetary policy...