Finance

MNB

Forint eases on interbank market

The forint was trading at 304.81 to the euro late Friday on the interbank forex market, down from 303.50 late...

Debt

ÁKK sells HUF 50.5 bln of bonds at auction; demand weak for shorter terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 50.5 bln of bonds at auction on Thursday, slightly less...

Ratings

Moodyʼs places OTP ratings under review for upgrade

Moodyʼs Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank...

MNB

TakarékBank sees 3.2% GDP growth this year

TakarékBank, the central bank of saving cooperatives in Hungary has seen 3.2% GDP growth in Hungary this year, partly due...

MNB

Forint eases on interbank market

The forint was trading at 304.16 to the euro late Wednesday on the interbank forex market, a hair down from...

Debt

ÁKK buys back HUF 33.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 33.8 bln of bonds before their maturity in 2015 at a...

Debt

ÁKK plans net forint bond issues, T-bill repayments in April-June

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 73 bln according to its April-June issue...

Debt

ÁKK cuts three-month T-bill auction sale

The Government Debt Management Agency (ÁKK) sold HUF 35 bln of discount three-month T-bills at an auction on Tuesday, cutting...

MNB

MNB launches Funding for Growth Scheme spin-off

The National Bank of Hungary yesterday officially launched the spin-off of its Funding for Growth Scheme (FGS) that targets companies...

MNB

BUX underperforms

The Budapest Stock Exchangeʼs main BUX index finished up 0.05% at 18,674.97 Monday after falling 0.63% Friday. It is up...

MNB

MNB reveals Quaestor bond-related problems when examining groupʼs brokerage

The National Bank of Hungary (MNB) found problems at Quaestor Értékpapír, the brokerage of the now-bankrupt Quaestor group, during an...

Banking

EC begins investigation of Hungary’s ad tax

The European Commission launched a thorough investigation to determine whether Hungary's current progressive advertisement tax complies with European Union rules,...

Debt

ÁKK sells HUF 60 bln of securities at auction, as planned

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament...

MNB

Forint surges on interbank market

The forint was trading at 303.58 to the euro late Wednesday on the interbank forex market, up from 307.36 late...

Debt

Demand for short-term bonds to long-term ones drops

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 26 bln of government bonds maturing in 2022 and 2024...

MNB

Forint eases on interbank market

The forint was trading at 304.81 to the euro late Friday on the interbank forex market, down from 303.50 late...

Debt

ÁKK sells HUF 50.5 bln of bonds at auction; demand weak for shorter terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 50.5 bln of bonds at auction on Thursday, slightly less...

Ratings

Moodyʼs places OTP ratings under review for upgrade

Moodyʼs Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank...

MNB

TakarékBank sees 3.2% GDP growth this year

TakarékBank, the central bank of saving cooperatives in Hungary has seen 3.2% GDP growth in Hungary this year, partly due...

MNB

Forint eases on interbank market

The forint was trading at 304.16 to the euro late Wednesday on the interbank forex market, a hair down from...

Debt

ÁKK buys back HUF 33.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 33.8 bln of bonds before their maturity in 2015 at a...

Debt

ÁKK plans net forint bond issues, T-bill repayments in April-June

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 73 bln according to its April-June issue...

Debt

ÁKK cuts three-month T-bill auction sale

The Government Debt Management Agency (ÁKK) sold HUF 35 bln of discount three-month T-bills at an auction on Tuesday, cutting...

MNB

MNB launches Funding for Growth Scheme spin-off

The National Bank of Hungary yesterday officially launched the spin-off of its Funding for Growth Scheme (FGS) that targets companies...

MNB

BUX underperforms

The Budapest Stock Exchangeʼs main BUX index finished up 0.05% at 18,674.97 Monday after falling 0.63% Friday. It is up...

MNB

MNB reveals Quaestor bond-related problems when examining groupʼs brokerage

The National Bank of Hungary (MNB) found problems at Quaestor Értékpapír, the brokerage of the now-bankrupt Quaestor group, during an...

Banking

EC begins investigation of Hungary’s ad tax

The European Commission launched a thorough investigation to determine whether Hungary's current progressive advertisement tax complies with European Union rules,...

Debt

ÁKK sells HUF 60 bln of securities at auction, as planned

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament...

MNB

Forint surges on interbank market

The forint was trading at 303.58 to the euro late Wednesday on the interbank forex market, up from 307.36 late...

Debt

Demand for short-term bonds to long-term ones drops

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 26 bln of government bonds maturing in 2022 and 2024...

Forint eases on interbank market

The forint was trading at 304.81 to the euro late Friday on the interbank forex market, down from 303.50 late...

ÁKK sells HUF 50.5 bln of bonds at auction; demand weak for shorter terms

The Government Debt Management Agency (ÁKK) sold a combined HUF 50.5 bln of bonds at auction on Thursday, slightly less...

Moodyʼs places OTP ratings under review for upgrade

Moodyʼs Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank...

TakarékBank sees 3.2% GDP growth this year

TakarékBank, the central bank of saving cooperatives in Hungary has seen 3.2% GDP growth in Hungary this year, partly due...

Forint eases on interbank market

The forint was trading at 304.16 to the euro late Wednesday on the interbank forex market, a hair down from...

ÁKK buys back HUF 33.8 bln in bonds at reverse auction

The Government Debt Management Agency (ÁKK) bought back HUF 33.8 bln of bonds before their maturity in 2015 at a...

ÁKK plans net forint bond issues, T-bill repayments in April-June

Hungaryʼs Government Debt Management Agency (ÁKK) plans net forint securities issues of HUF 73 bln according to its April-June issue...

ÁKK cuts three-month T-bill auction sale

The Government Debt Management Agency (ÁKK) sold HUF 35 bln of discount three-month T-bills at an auction on Tuesday, cutting...

MNB launches Funding for Growth Scheme spin-off

The National Bank of Hungary yesterday officially launched the spin-off of its Funding for Growth Scheme (FGS) that targets companies...

BUX underperforms

The Budapest Stock Exchangeʼs main BUX index finished up 0.05% at 18,674.97 Monday after falling 0.63% Friday. It is up...

MNB reveals Quaestor bond-related problems when examining groupʼs brokerage

The National Bank of Hungary (MNB) found problems at Quaestor Értékpapír, the brokerage of the now-bankrupt Quaestor group, during an...

EC begins investigation of Hungary’s ad tax

The European Commission launched a thorough investigation to determine whether Hungary's current progressive advertisement tax complies with European Union rules,...

ÁKK sells HUF 60 bln of securities at auction, as planned

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament...

Forint surges on interbank market

The forint was trading at 303.58 to the euro late Wednesday on the interbank forex market, up from 307.36 late...

Demand for short-term bonds to long-term ones drops

The Government Debt Management Agency (ÁKK) sold primary dealers HUF 26 bln of government bonds maturing in 2022 and 2024...