Banks subscribed a little over HUF 68 bln of corporate bonds during the month, raising their total holdings of securities issued by companies to HUF 473 bln.

Companies were net borrowers of HUF 97 bln of forint loans but repaid net HUF 5 bln of FX loans in March.

Including bond subscriptions, banks' corporate lending stock stood at HUF 10 trillion at the end of the month.

Companies deposited net HUF 310 bln in their forint accounts but withdrew the equivalent of net HUF 263 bln from FX accounts in March. Corporate deposit stock reached HUF 12.038 tln at the end of the month.