Hello,    SIGN OUT   NEWSLETTER    HUNGARIAN  

FX&Fixed Income

Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

Hungary’s Government Debt Management Agency (ÁKK) has accepted the viewpoint of the National Economy Ministry therefore it will not issue a foreign currency bond before the government would secure a financing agreement with the International Monetary Fund (IMF) and the European Union, ÁKK Deputy Chief Executive... 

Hungary ÁKK sells HUF 6.5 bn bonds in non-competitive tenders

As a response to the strong bidding in the morning bond auctions, Hungary’s Government Debt Management... 

Hungary lifts bond auction over strong bidding, yields rise

Hungary’s Government Debt Management Agency (ÁKK) placed a HUF 42 billion lot of bonds on auction... 

Hungary sells HUF 45 bn 4-m T-bills

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 90.66 billion worth of bids... 

ANALYST VIEW - Hungary forint to remain under pressure, ease to 325 vs. EUR in 12 months - Goldman Sachs

Goldman Sachs expects Hungary’s forint to remain under pressure throughout 2012 as the cabinet... 

Hungary ÁKK lifts 12-month bill auction HUF 5 bn

Hungary’s Government Debt Management Agency (ÁKK) allotted HUF 50 billion worth of 12-month discount... 

Hungary sells more 3-month T-bills than planned

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 119.8 billion worth of bids... 

Hungary international reserves grow agin in April - c.bank

After decreasing for three consecutive months Hungary’s international reserves grew again in April... 

Hungary to drag out credit talks with IMF/EU as long as it can

Hungary will need to overcome several obstacles during the talks with international lenders on a financial... 

Fund managers dubious about Hungary forint firming - Portfolio.hu Poll

In spite of the increasingly volatile sentiment on external markets Hungary’s forint has appreciated... 

Hungary ÁKK tops up successful bond auction by selling another HUF 15.5 bn lot

As a response to the relatively strong bidding in the morning bond auctions, Hungary’s Government... 

Hungary ÁKK lifts bond auction over heavy demand, yields plunge

Hungary’s Government Debt Management Agency (ÁKK) placed a HUF 47 billion lot of bonds on auction... 

Hungary's plan not to draw from IMF/EU credit line will cost a pretty penny - poll

It would not be a wise move by Hungary’s government not to draw from the IMF/EU’s financial... 

Dealers scoop up Hungary's 3-month bills, yield drops

Hungary’s Government Debt Management Agency (ÁKK) has not seen such a strong demand for its 3-monthy... 

Hungary sells HUF 45 bn 12-month bills, yield drops

Primary dealers have placed HUF 92.5 billion worth of bids for a HUF 45 bn lot of 12-month discount Treasury... 

Hungary c.bank fears credit crunch, sees massive foreign funds outflow

The Monetary Council of Hungary’s central bank (NBH) says the risk of a severe credit crunch, mainly... 

Hungary may issue Eurobond before sealing IMF deal - state secretary (2)

(Adds Portfolio.hu viewpoint) Hungary did not rule out on Wednesday tapping international markets before... 

Had they misunderstood Orbán's remarks about debt purchase by China?

Reports in the summer of 2011 that Hungary’s national airline Malév could be taken over by a Chinese... 

Hungary sells another HUF 16 bn batch of government bonds

As a response to the relative success of bond auctions in the morning, Hungary’s gdm has held non-competitive... 

Hungary auctions off more bonds than planned over healthy demand

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 101.8 billion worth of bids... 

Hungary cuts 3-month T-bill auction HUF 10 bn due to lacklustre demand

While Hungary’s Government Debt Management Agency (ÁKK) has received HUF 56.4 billion worth of... 

No IMF deal for Hungary because the cabinet does not want one - Portfolio.hu Poll

Hungary will sign no credit deal with the International Monetary Fund (IMF), because the government does... 

Templeton likes Hungarian bonds, saying friction with IMF is "trivial"

Michael Hasenstab, Senior Vice President for the international bond department of the Franklin Templeton... 

Hungary Varga: new tax will not be paid by banks. Or will it?

There are some players who are interested in the weakening of Hungary’s forint, said Mihály Varga... 

Hungary ÁKK cuts 12-m bill auction due to muted demand

Demand for Hungary’s 12-month discount Treasury bills was almost as weak as two weeks ago, but... 

read more...
Links (FX&Fixed Income)
FX Rates
 HUF CHF EUR USD GBP JPY
HUF   0.00410.00340.00430.00270.3425
CHF 246.8900  0.83261.06440.672684.5900
EUR 296.61001.2010  1.27830.80783101.6175
USD 232.02000.93950.78229  0.631879.4600
GBP 367.01001.48671.23791.5828  125.7200
JPY 2.92000.01180.00980.01260.0080 

Source: GlobalFX

Commentary

ANALYST VIEW - Hungary forint to remain under pressure, ease to 325 vs. EUR in 12 months - Goldman Sachs

Goldman Sachs expects Hungary’s forint to remain under pressure throughout 2012 as the cabinet... 

Fund managers dubious about Hungary forint firming - Portfolio.hu Poll

In spite of the increasingly volatile sentiment on external markets Hungary’s forint has appreciated... 

No IMF deal for Hungary because the cabinet does not want one - Portfolio.hu Poll

Hungary will sign no credit deal with the International Monetary Fund (IMF), because the government does... 

more commentary...

Government securities yields
       

Government securities indices
       
Views and Interviews

Hungary ought to borrow at the IMF if it offers the cheapest terms - Morgan Stanley

The foreign exchange market has probably priced in a credit deal between Hungary and the IMF/EU for the end of April, or May if complications arise, but... 

Default can be a natural result of a situation Hungary created for itself - Portfolio.hu Interview

The Hungarian government expects a tense first half due to the eurozone crisis, but believes recovery should start in the second half of the year and that... 

ING CEO sees tough challenges ahead, clouds with silver lining in CEE banking sector (Interview)

Although the mortgage prepayment plan is slowing Hungary’s economy down, the CEE region as a whole is still offering the best growth opportunities... 
read more...
Markets (HU)

Weight of Hungary's OTP in BUX basket grows markedly as of October

The composition of the BUX basket of the Budapest Stock Exchange (BSE) will change as of 1 October. Rába... 

Yield drops at Hungary's 3-m T-bill tender

Hungary’s Government Debt Management Agency (ÁKK) has placed a HUF 30 billion lot of 3-month discount... 
more markets...
Latest news

16:51 | Hungary to buy 8,000 properties from non-paying FX mortgage borrowers in 2012

16:10 | Government measures exhaust Hungarian unit of KBC, K&H Bank Q1 profit plummets

14:18 | AAA Auto triples net profit in the first quarter of 2012

11:04 | Hungary plans no Eurobond issue before IMF/EU credit deal - ÁKK Dep.CEO

09:19 | Opel expects production boom, headcount increase in Hungary

08:35 | No more new taxes in Hungary - state secretary

16:51 | EBRD revises GDP estimate for Hungary upward, sees mild recession in 2012

16:27 | ANALYST VIEW - Hungary seeks to avoid IMF deal or at least loosen conditions - Citi

15:59 | ANALYST VIEW - Hungary commitment to seal IMF deal remains questionable - RBS

15:23 | "Negative buzz" around Hungary over new taxes

14:41 | Hungary Parliament nods on new telecom tax, Telenor to deflect levy on clients

13:38 | Hungarians will take half of their bank deposits abroad if transaction tax remains unchanged - Patai

13:27 | Hungary Magyar Telekom CEO buys 42,000 company shares

09:27 | Hungary PM wants to suspend party subsidising from state budget in 2013-14

09:01 | Hungary real wages drop 5.2% yr/yr in March (2)

16:27 | BofA/ML convinced by Hungary's commitment to fiscal consolidation

14:21 | Hungary Fidesz popularity lead over Socialists dips to 9 percentage points

14:14 | Hungary ÁKK sells HUF 6.5 bn bonds in non-competitive tenders

14:08 | Hungary EcoMin publishes macro assumptions for 2013 budget

14:00 | IMF ready to start talks with Hungary once c.bank issues are resolved - Ivaschenko

read more...
Newsflash
more newsflash...
Tagcloud
economy(12375)  equity(7138)  fx(3248)  commentary(1594)  energy(1343)  nbh(858)  companies(446)  property(423)  tax(365)  realestate(283)  interviews(111)  imf(53)  debt(51)  matolcsy(46)  orbán(45)  budget(40)  deficit(38)  repayment(35)  analyst(34)  conference(31)  gdp(31)  rating(29)  huf(28)  politics(26)  poll(26)  survey(26)  interest_rate(25)  growth(24)  chf(24)  ákk(23)  ksh(23)  mol(23)  mnb(23)  hungarian_quotes(22)  bef2011(21)  auction(19)  simor(19)  moodys(18)  credit_line(17)  forint(17)  tender(17)  otp(17)  eur(16)  bse(15)  fellegi(15)  telecom(15)  telekom(14)  downgrade(13)  exchange_rate(13)  magyar(13)  commission(13)  fitch(13)  instant(12)  erste(12)  bank(12)  bond(12)  central_bank(11)  eurozone(11)  inflation(11)  research(11)  mpc(11)  lázár(11)  nomura(10)  attard_montalto(10)  usd(10)  crisis(10)  credit(10)  earnings_report(9)  richter(9)  raiffeisen(9)  base_rate(9)  cpi(9)  eva(8)  rogán(8)  monetary_council(8)  ecb(8)  simplified_entrepreneurial_tax(7)  banks(7)  eu(7)  standard(7)  barroso(6)  jobless(6)  treasury_bill(6)  rbs(6)  employment(6)  junk(6)  t-bill(6)  egis(5)  q3(5)  unemployment(5)  vat(5)  reserves(5)  real_estate(5)  industrial(5)  ina(5)  retail(5)  parliament(4)  shortfall(4)  chips(4)  interview(4)  independence(4)  government(4)  estimate(4)  fidesz(4)  forum(4)  gki(4)  ivaschenko(4)  summit(4)  consumer_price_index(4)  yield(4)  levy(4)  target_price(4)  ubs(4)  máv(4)  goldman_sachs(4)  forecast(4)  resign(4)  fuel(4) 
Home / FX&fixed income