FX&Fixed Income

Hungary's forint pushed to five-month low

USD keeps on gaining. 

Hungary forint temporarily weakens after central banker remarks

Then it bounces back.

Large share of retail gov't securities are held by banks in Hungary

Large share of retail gov't securities are held by banks in Hungary
Debt manager chief Barcza says in interview.

Hungary c.bank in control of yield curve, less so on forint

Bank of America Merrill Lynch trip note on Hungary's monetary policy, forint.

USD at 1-month high vs. EUR over German election, HUF steady

USD at 1-month high vs. EUR over German election, HUF steady
FX bond swap announcement leaves Hungary's forint unfazed.

Hungary hires banks for 10-yr benchmark euro bond issuance

Hungary hires banks for 10-yr benchmark euro bond issuance
Debt manager also plans FX bond swap, the first ever.

Hungary EcoMin talks further contribution cut, sees EURHUF at 300-310

Varga addresses several issues in Reuters interview.

Hungary's forint appreciates to euro despite rate reduction

EURHUF is close to 307 already.

Hungary was never paid this much for being lent to

Yield remains negative, and a new record low too.

Hungary's forint stumbles after opening

USD eases again.

ANALYST VIEW - What can Hungary's central bank do about forint firming?

Can it successfully weaken the HUF? Citigroup answers.

There's a first time for everything: no yield on Hungary's 3-month T-bills

We cannot even count the records.
FX Rates
 HUF CHF EUR USD GBP JPY
HUF   0.00380.00320.00380.00290.4325
CHF 266.2825  0.86421.01520.7692115.1595
EUR 308.14031.1572  1.17490.89010133.2675
USD 262.28500.98500.85114  0.7576113.4290
GBP 346.16251.30011.12351.3200  149.7215
JPY 2.31230.00870.00750.00880.0067 

Source: GlobalFX

Commentary

Hungary c.bank in control of yield curve, less so on forint

Bank of America Merrill Lynch trip note on Hungary's monetary policy, forint.

ANALYST VIEW - What can Hungary's central bank do about forint firming?

Can it successfully weaken the HUF? Citigroup answers.

After two years is it time for EURHUF to go south of 300?

After two years is it time for EURHUF to go south of 300?
Strong forint makes next policy meeting interesting.


Government securities yields
       

Government securities indices
       
Views and Interviews

Hungarians go gaga over government securities

The volume of Hungarian government securities held by local residents has doubled over the past 18 months and the ratio of this volume already exceeds... 

Mobius expects Hungary to apply more market-friendly policy, likes OTP

Mark Mobius, executive chairman of Templeton Emerging Markets which has substantial holdings of Hungarian sovereign debt, said he is positive on the outlook... 

Hungary should not ask banks haircut on municipal debt consolidation - Stepic

Hungary’s government should avoid asking lenders for a haircut on municipal loans as already unprofitable banks hit by an extraordinary bank tax...