MNB Int'l Reserves Rise EUR 633 mln in November

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 37.517 billion at the end of November, up EUR 633 million from a month earlier, data released by the central bank on Wednesday show.

The stock of cash, deposits, and securities in the reserves rose EUR 590 mln to EUR 29.613 bln during the month.

Hungary issued a EUR 1 bln green eurobond and a RMB 2 bln green panda bond in November. It also raised USD 400 mln by topping up an FX bond in a private placement.

The value of monetary gold in the reserves increased EUR 123 mln to EUR 5.168 bln.

MNB's international reserves were EUR 860 mln under their level at the end of 2021.

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