Finance

Ratings

Analysts: Constitutional Court ruling on Quaestor may help rating

The Constitutional Courtʼs ruling on the Quaestor scandal may help Hungaryʼs sovereign ratings return to investment grade, London-based emerging markets...

Banking

Varga: Electronic till system to be expanded

The Hungarian government is planning to expand the mandatory use of electronic tills to auto mechanics, taxis, laundries and currency...

MNB

Hungary net general government borrowing 0.6% of GDP to end of September

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 198 billion...

MNB

MNB introduces Systemic Risk Buffer

The National Bank of Hungary (MNB) said on Wednesday it is introducing a Systemic Risk Buffer (SRB) to manage risks generated by...

Debt

ÁKK sells planned HUF 15 bln of three-month bills, yields drop

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction today, in line with...

MNB

MNB: Hungaryʼs C/A surplus €859.1 mln in September

Hungaryʼs current-account surplus reached €859.1 million in September, according to a monthly balance of payment data published by the National...

MNB

Forint mixed on interbank market

The forint was trading at 311.45 to the euro late Friday on the interbank forex market, up from final quotes...

MNB

Forint eases on interbank market

The forint was trading at 311.70 to the euro late Thursday on the interbank forex market, a hair up from...

Debt

ÁKK sells HUF 55 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 55 bln of bonds at auction on Thursday, HUF 5...

Ratings

Moodyʼs takes rating actions on six Hungarian banks

Ratings agency Moodyʼs said late yesterday that it took rating actions on six Hungarian banks, prompted by the outlook change...

Debt

ÁKK buys HUF 6.8 bln of bonds at reverse auction, less than planned

The Government Debt Management Agency (ÁKK) bought HUF 6.8 bln of bonds before maturity at a reverse auction on Wednesday,...

MNB

Forint mixed on interbank market

The forint was trading at 312.38 to the euro late Tuesday on the interbank forex market, up from final quotes...

Ratings

Moodyʼs changes Budapest rating outlook to ʼpositiveʼ

Hungary’s capital should have an easier time raising funds for Metro upgrades and other projects now that ratings agency Moodyʼs...

MNB

Lenders compensate FX borrowers HUF 393,000 on average

Hungarian FX borrowers were each awarded HUF 393,000 in compensation, on average, for unfair practices exercised by lenders during a...

Debt

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...

Ratings

Analysts: Constitutional Court ruling on Quaestor may help rating

The Constitutional Courtʼs ruling on the Quaestor scandal may help Hungaryʼs sovereign ratings return to investment grade, London-based emerging markets...

Banking

Varga: Electronic till system to be expanded

The Hungarian government is planning to expand the mandatory use of electronic tills to auto mechanics, taxis, laundries and currency...

MNB

Hungary net general government borrowing 0.6% of GDP to end of September

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 198 billion...

MNB

MNB introduces Systemic Risk Buffer

The National Bank of Hungary (MNB) said on Wednesday it is introducing a Systemic Risk Buffer (SRB) to manage risks generated by...

Debt

ÁKK sells planned HUF 15 bln of three-month bills, yields drop

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction today, in line with...

MNB

MNB: Hungaryʼs C/A surplus €859.1 mln in September

Hungaryʼs current-account surplus reached €859.1 million in September, according to a monthly balance of payment data published by the National...

MNB

Forint mixed on interbank market

The forint was trading at 311.45 to the euro late Friday on the interbank forex market, up from final quotes...

MNB

Forint eases on interbank market

The forint was trading at 311.70 to the euro late Thursday on the interbank forex market, a hair up from...

Debt

ÁKK sells HUF 55 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 55 bln of bonds at auction on Thursday, HUF 5...

Ratings

Moodyʼs takes rating actions on six Hungarian banks

Ratings agency Moodyʼs said late yesterday that it took rating actions on six Hungarian banks, prompted by the outlook change...

Debt

ÁKK buys HUF 6.8 bln of bonds at reverse auction, less than planned

The Government Debt Management Agency (ÁKK) bought HUF 6.8 bln of bonds before maturity at a reverse auction on Wednesday,...

MNB

Forint mixed on interbank market

The forint was trading at 312.38 to the euro late Tuesday on the interbank forex market, up from final quotes...

Ratings

Moodyʼs changes Budapest rating outlook to ʼpositiveʼ

Hungary’s capital should have an easier time raising funds for Metro upgrades and other projects now that ratings agency Moodyʼs...

MNB

Lenders compensate FX borrowers HUF 393,000 on average

Hungarian FX borrowers were each awarded HUF 393,000 in compensation, on average, for unfair practices exercised by lenders during a...

Debt

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...

Analysts: Constitutional Court ruling on Quaestor may help rating

The Constitutional Courtʼs ruling on the Quaestor scandal may help Hungaryʼs sovereign ratings return to investment grade, London-based emerging markets...

Varga: Electronic till system to be expanded

The Hungarian government is planning to expand the mandatory use of electronic tills to auto mechanics, taxis, laundries and currency...

Hungary net general government borrowing 0.6% of GDP to end of September

The net general government financing requirement, which is a good approximation of the general government deficit, was HUF 198 billion...

MNB introduces Systemic Risk Buffer

The National Bank of Hungary (MNB) said on Wednesday it is introducing a Systemic Risk Buffer (SRB) to manage risks generated by...

ÁKK sells planned HUF 15 bln of three-month bills, yields drop

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction today, in line with...

MNB: Hungaryʼs C/A surplus €859.1 mln in September

Hungaryʼs current-account surplus reached €859.1 million in September, according to a monthly balance of payment data published by the National...

Forint mixed on interbank market

The forint was trading at 311.45 to the euro late Friday on the interbank forex market, up from final quotes...

Forint eases on interbank market

The forint was trading at 311.70 to the euro late Thursday on the interbank forex market, a hair up from...

ÁKK sells HUF 55 bln of bonds at auction, more than planned

The Government Debt Management Agency (ÁKK) sold a combined HUF 55 bln of bonds at auction on Thursday, HUF 5...

Moodyʼs takes rating actions on six Hungarian banks

Ratings agency Moodyʼs said late yesterday that it took rating actions on six Hungarian banks, prompted by the outlook change...

ÁKK buys HUF 6.8 bln of bonds at reverse auction, less than planned

The Government Debt Management Agency (ÁKK) bought HUF 6.8 bln of bonds before maturity at a reverse auction on Wednesday,...

Forint mixed on interbank market

The forint was trading at 312.38 to the euro late Tuesday on the interbank forex market, up from final quotes...

Moodyʼs changes Budapest rating outlook to ʼpositiveʼ

Hungary’s capital should have an easier time raising funds for Metro upgrades and other projects now that ratings agency Moodyʼs...

Lenders compensate FX borrowers HUF 393,000 on average

Hungarian FX borrowers were each awarded HUF 393,000 in compensation, on average, for unfair practices exercised by lenders during a...

ÁKK sells HUF 15 bln of three-month bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with...