Finance

Ratings

Hungary’s next chance for ratings upgrade comes in March

Hungary’s next shot for a ratings upgrade will be March 4, when Moody’s is scheduled to release a new report...

Debt

ÁKK plans big net forint issues in first quarter

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 613 bln, nearly two-third of it in...

MNB

Forint mixed on interbank market

The forint was trading at 314.05 to the euro late Tuesday on the interbank forex market, down from final quotes...

Debt

ÁKK sells HUF 25 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 bln of discount three-month T-bills at auction today, HUF 5 bln...

MNB

Forint climbs up more on interbank market

The forint was trading at to 314.08 the euro late Monday on the interbank forex market, up from final quotes...

Ratings

S&P upgrades Takarékbank rating to ‘BB’

Standard and Poorʼs Ratings Services yesterday said it raised its long-term counterparty credit rating on Hungaryʼs Magyar Takarékszövetkezeti Bank (Takarékbank)...

MNB

CIB sees 2.8% GDP growth in 2015

Hungary’s GDP is expected to grow by 2.8% this year and continue growing by 2% next year, CIB Bank said...

MNB

Report: Varga expects privatization of MKB Bank, Budapest Bank

Hungarian state-owned MKB Bank and Budapest Bank are very likely to be privatized next year, Hungary’s National Economy Minister Mihály...

MNB

Official: Economic growth expected to reach 3% in 2015

Economic growth in Hungary could be near 3% of GDP this year and could be around 2-2.5% next year, Fiscal...

Debt

ÁKK cuts offers on low demand at securities auctions

The Government Debt Management Agency (ÁKK) sold a combined HUF 16.5 bln of securities at auction today, lowering its original...

MNB

ÁKK plan shows HUF 6,389 bln gross issuance next year

Hungaryʼs Government Debt Management Agency (ÁKK) plans gross issuance of HUF 6,389 bln next year, a debt management outlook released...

MNB

Analysts uncertain about nature of MNBʼs ‘unconventional’ instruments

Analysts in London yesterday said they believe the National Bank of Hungary (MNB) is “getting ready for something” but it is...

MNB

Hungary’s central bank keeps base rate at 1.35%

As the market and analysts expected, the Monetary Policy Council (MPC) of the National Bank of Hungary (MNB) decided to...

MNB

London analysts: MNB to keep base rate for now

Hungaryʼs central bank is set leave its base rate at the current 1.35%  level for now and may focus on...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, HUF 5 bln...

Ratings

Hungary’s next chance for ratings upgrade comes in March

Hungary’s next shot for a ratings upgrade will be March 4, when Moody’s is scheduled to release a new report...

Debt

ÁKK plans big net forint issues in first quarter

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 613 bln, nearly two-third of it in...

MNB

Forint mixed on interbank market

The forint was trading at 314.05 to the euro late Tuesday on the interbank forex market, down from final quotes...

Debt

ÁKK sells HUF 25 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 bln of discount three-month T-bills at auction today, HUF 5 bln...

MNB

Forint climbs up more on interbank market

The forint was trading at to 314.08 the euro late Monday on the interbank forex market, up from final quotes...

Ratings

S&P upgrades Takarékbank rating to ‘BB’

Standard and Poorʼs Ratings Services yesterday said it raised its long-term counterparty credit rating on Hungaryʼs Magyar Takarékszövetkezeti Bank (Takarékbank)...

MNB

CIB sees 2.8% GDP growth in 2015

Hungary’s GDP is expected to grow by 2.8% this year and continue growing by 2% next year, CIB Bank said...

MNB

Report: Varga expects privatization of MKB Bank, Budapest Bank

Hungarian state-owned MKB Bank and Budapest Bank are very likely to be privatized next year, Hungary’s National Economy Minister Mihály...

MNB

Official: Economic growth expected to reach 3% in 2015

Economic growth in Hungary could be near 3% of GDP this year and could be around 2-2.5% next year, Fiscal...

Debt

ÁKK cuts offers on low demand at securities auctions

The Government Debt Management Agency (ÁKK) sold a combined HUF 16.5 bln of securities at auction today, lowering its original...

MNB

ÁKK plan shows HUF 6,389 bln gross issuance next year

Hungaryʼs Government Debt Management Agency (ÁKK) plans gross issuance of HUF 6,389 bln next year, a debt management outlook released...

MNB

Analysts uncertain about nature of MNBʼs ‘unconventional’ instruments

Analysts in London yesterday said they believe the National Bank of Hungary (MNB) is “getting ready for something” but it is...

MNB

Hungary’s central bank keeps base rate at 1.35%

As the market and analysts expected, the Monetary Policy Council (MPC) of the National Bank of Hungary (MNB) decided to...

MNB

London analysts: MNB to keep base rate for now

Hungaryʼs central bank is set leave its base rate at the current 1.35%  level for now and may focus on...

Debt

ÁKK sells HUF 20 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, HUF 5 bln...

Hungary’s next chance for ratings upgrade comes in March

Hungary’s next shot for a ratings upgrade will be March 4, when Moody’s is scheduled to release a new report...

ÁKK plans big net forint issues in first quarter

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 613 bln, nearly two-third of it in...

Forint mixed on interbank market

The forint was trading at 314.05 to the euro late Tuesday on the interbank forex market, down from final quotes...

ÁKK sells HUF 25 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 25 bln of discount three-month T-bills at auction today, HUF 5 bln...

Forint climbs up more on interbank market

The forint was trading at to 314.08 the euro late Monday on the interbank forex market, up from final quotes...

S&P upgrades Takarékbank rating to ‘BB’

Standard and Poorʼs Ratings Services yesterday said it raised its long-term counterparty credit rating on Hungaryʼs Magyar Takarékszövetkezeti Bank (Takarékbank)...

CIB sees 2.8% GDP growth in 2015

Hungary’s GDP is expected to grow by 2.8% this year and continue growing by 2% next year, CIB Bank said...

Report: Varga expects privatization of MKB Bank, Budapest Bank

Hungarian state-owned MKB Bank and Budapest Bank are very likely to be privatized next year, Hungary’s National Economy Minister Mihály...

Official: Economic growth expected to reach 3% in 2015

Economic growth in Hungary could be near 3% of GDP this year and could be around 2-2.5% next year, Fiscal...

ÁKK cuts offers on low demand at securities auctions

The Government Debt Management Agency (ÁKK) sold a combined HUF 16.5 bln of securities at auction today, lowering its original...

ÁKK plan shows HUF 6,389 bln gross issuance next year

Hungaryʼs Government Debt Management Agency (ÁKK) plans gross issuance of HUF 6,389 bln next year, a debt management outlook released...

Analysts uncertain about nature of MNBʼs ‘unconventional’ instruments

Analysts in London yesterday said they believe the National Bank of Hungary (MNB) is “getting ready for something” but it is...

Hungary’s central bank keeps base rate at 1.35%

As the market and analysts expected, the Monetary Policy Council (MPC) of the National Bank of Hungary (MNB) decided to...

London analysts: MNB to keep base rate for now

Hungaryʼs central bank is set leave its base rate at the current 1.35%  level for now and may focus on...

ÁKK sells HUF 20 bln of three-month T-bills, HUF 5 bln over plan

The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, HUF 5 bln...