MNB FX swap stock flat after tender

MNB

Photo by Adriana Iacob/Shutterstock.com

The National Bank of Hungaryʼs stock of FX swaps, which the central bank uses to pump liquidity into the banking sector, will remain practically unchanged at HUF 1.787 tln after a weekly tender on Monday, according to a report by state news wire MTI.

Photo by Adriana Iacob/Shutterstock.com

MNB allotted HUF 26.91 bln of six-month swaps and HUF 26.91 bln of 12-month swaps, practically level with the HUF 15.51 bln of three-month, HUF 19.24 bln of six-month and HUF 18.87 bln of 12-month swaps maturing on September 2, the value date of the tender.

ADVERTISEMENT

Job ads in hospitality, tourism sector grow drastically  Analysis

Job ads in hospitality, tourism sector grow drastically 

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.