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Hungarian Treasury to extend sales network of gov’t securities

MNB

The Hungarian Treasury has plans to extend its government securities sales network, which currently consists of 55 branches, by adding an additional 25 points of sale, newspaper Vilaggazdaság reported today.

At the end of August, households held government securities valued at HUF 2.879 trillion, a 28% increase year on year. This accounts for more than 38% of the volume of securities held by retail investors, the paper said, citing data from the National Bank of Hungary.

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