The weekly purchase volume has been around HUF 60 bln nearly every week since early February. The latest weekly QE data shows the central bank bought HUF 30 bln of government securities at auction and HUF 30 bln outside auctions.
The bonds included HUF 23.4 bln of government securities with terms under 10 years. The total purchases made under the QE program reached HUF 2.228 trillion on May 23, including HUF 2.167 tln of government securities and HUF 60.6 bln of bonds from other issuers with government guarantees, such as the Hungarian Development Bank (MFB) and Magyar Eximbank.
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