Finance

Debt

ÁKK exchanges HUF 25 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) exchanged HUF 25 bln of bonds maturing in 2024 for ones that expire in...

MNB

Forint recovers on ECB move

The forint was trading at 305.84 to the euro late Tuesday on the interbank forex market, up from 308.93 late...

MNB

HUF 200 bln in municipal investments to be diverted

A total of HUF 200 bln in liquid municipal assets could be turned into government bond holdings in the event...

Debt

AKK sells HUF 40 bln of three-month bills at auction

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

MNB

K&H Bank books HUF 7 bln profit in Q1

K&H Bankʼs consolidated first-quarter after-tax profit was up nearly 10% at HUF 7 bln as compared to the same period...

Ratings

S&P: Three Hungarian banksʼ ratings back to positive

Standard & Poorʼs Ratings Services on Monday said it had revised its outlook on Hungary-based OTP Bank, OTP Mortgage Bank,...

Ratings

BUX back on the slope

The Budapest Stock Exchangeʼs main BUX index finished down 0.63% at 22,251.28 Monday, after rising 0.88% Friday. Over last week...

MNB

Hungary’s net general government borrowing 1.9% of GDP

According to preliminary financial data, net general government borrowing was HUF 610 bln in the twelve months leading up to...

MNB

MNB: First phase of FGS generates additional investment of HUF 120 bln

The first phase of the National Bank of Hungary’s (MNB) Funding for Growth Scheme (FGS) generated an additional investment of...

Banking

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Debt

ÁKK sells HUF 63 bln in bonds at auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 63 bln in bonds at an auction on Thursday, raising...

MNB

MNB self-financing concept reduces FX share of state debt

The National Bank of Hungary (MNB) said its "self-financing concept" launched a year ago in April has helped reduce the...

Debt

ÁKK buys HUF 31.4 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought a combined HUF 31.41 bln of bonds before maturity at a reverse auction...

Debt

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

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

Banking

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...

Debt

ÁKK exchanges HUF 25 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) exchanged HUF 25 bln of bonds maturing in 2024 for ones that expire in...

MNB

Forint recovers on ECB move

The forint was trading at 305.84 to the euro late Tuesday on the interbank forex market, up from 308.93 late...

MNB

HUF 200 bln in municipal investments to be diverted

A total of HUF 200 bln in liquid municipal assets could be turned into government bond holdings in the event...

Debt

AKK sells HUF 40 bln of three-month bills at auction

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

MNB

K&H Bank books HUF 7 bln profit in Q1

K&H Bankʼs consolidated first-quarter after-tax profit was up nearly 10% at HUF 7 bln as compared to the same period...

Ratings

S&P: Three Hungarian banksʼ ratings back to positive

Standard & Poorʼs Ratings Services on Monday said it had revised its outlook on Hungary-based OTP Bank, OTP Mortgage Bank,...

Ratings

BUX back on the slope

The Budapest Stock Exchangeʼs main BUX index finished down 0.63% at 22,251.28 Monday, after rising 0.88% Friday. Over last week...

MNB

Hungary’s net general government borrowing 1.9% of GDP

According to preliminary financial data, net general government borrowing was HUF 610 bln in the twelve months leading up to...

MNB

MNB: First phase of FGS generates additional investment of HUF 120 bln

The first phase of the National Bank of Hungary’s (MNB) Funding for Growth Scheme (FGS) generated an additional investment of...

Banking

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Debt

ÁKK sells HUF 63 bln in bonds at auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 63 bln in bonds at an auction on Thursday, raising...

MNB

MNB self-financing concept reduces FX share of state debt

The National Bank of Hungary (MNB) said its "self-financing concept" launched a year ago in April has helped reduce the...

Debt

ÁKK buys HUF 31.4 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought a combined HUF 31.41 bln of bonds before maturity at a reverse auction...

Debt

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

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

Banking

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...

ÁKK exchanges HUF 25 bln of bonds at switch auction, as planned

The Government Debt Management Agency (ÁKK) exchanged HUF 25 bln of bonds maturing in 2024 for ones that expire in...

Forint recovers on ECB move

The forint was trading at 305.84 to the euro late Tuesday on the interbank forex market, up from 308.93 late...

HUF 200 bln in municipal investments to be diverted

A total of HUF 200 bln in liquid municipal assets could be turned into government bond holdings in the event...

AKK sells HUF 40 bln of three-month bills at auction

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

K&H Bank books HUF 7 bln profit in Q1

K&H Bankʼs consolidated first-quarter after-tax profit was up nearly 10% at HUF 7 bln as compared to the same period...

S&P: Three Hungarian banksʼ ratings back to positive

Standard & Poorʼs Ratings Services on Monday said it had revised its outlook on Hungary-based OTP Bank, OTP Mortgage Bank,...

BUX back on the slope

The Budapest Stock Exchangeʼs main BUX index finished down 0.63% at 22,251.28 Monday, after rising 0.88% Friday. Over last week...

Hungary’s net general government borrowing 1.9% of GDP

According to preliminary financial data, net general government borrowing was HUF 610 bln in the twelve months leading up to...

MNB: First phase of FGS generates additional investment of HUF 120 bln

The first phase of the National Bank of Hungary’s (MNB) Funding for Growth Scheme (FGS) generated an additional investment of...

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

ÁKK sells HUF 63 bln in bonds at auction

The Government Debt Management Agency (ÁKK) sold a combined HUF 63 bln in bonds at an auction on Thursday, raising...

MNB self-financing concept reduces FX share of state debt

The National Bank of Hungary (MNB) said its "self-financing concept" launched a year ago in April has helped reduce the...

ÁKK buys HUF 31.4 bln of bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought a combined HUF 31.41 bln of bonds before maturity at a reverse auction...

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

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

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...