MNB launched the BGS before the crisis to give impetus to the local corporate bond market. Central bank policymakers announced in December, amid a tightening cycle, that the scheme would end when its HUF 1.55 tln allocation is reached.
The monthly data posted on the MNB website show the central bank subscribed HUF 3.3 bln of BGS bonds issued in March, all of them on the secondary market.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
