MNBʼs FX swap stock remains steady
The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain around HUF 1,988 billion after a tender held on Monday, data released on the central bankʼs official website shows.
The MNB allotted HUF 25 billion of one-month swaps against euros at the tender, level with the HUF 25 bln of one-month swaps maturing on October 17, the value date of the tender.Participating banks made offers valued at a total of HUF 160.5 bln, with seven banks participating in the swaps.
The tender will leave the composition of the stock at HUF 159.5 bln of one-month, HUF 249 bln of three-month, HUF 323.5 bln of six-month, and HUF 1,265.6 bln of 12-month swaps. The FX swap stock has changed little since June, the central bank says.
Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March
Hungary Condemns Iranian Attack on Israel
IWG Set for Record Network Growth
Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
