FX&Fixed Income

Banks in Hungary falling out of love with government securities

What will happen to the yields then? 

Hungary central bank measures aid foreign currency loan holders by HUF 1,000 bn

The burdens of debtors with foreign currency loans decreased by HUF 1,000 billion due to the conversion... 

Hungary retail gov't security sales rise by HUF 1.3 trillion

In January-July.

There is still some 'juice' left in Hungary's forint

There is still some 'juice' left in Hungary's forint
Central bank remains unfazed by strong currency, for now.

303 puts a stop to the Hungarian forint's firming to the euro

303 puts a stop to the Hungarian forint's firming to the euro
HUF may give it another try, though.

Hungary forint rebounds from over 2-yr high

Hungary forint rebounds from over 2-yr high
It was nice but it's over.

Hungary issues debut Panda bonds

Cheapest bond ever for Hungary.

ANALYST VIEW - Judicial crisis graps Poland - Commerzbank

What does the future hold for the zloty and Hungary's forint?

Households become primary debt financers of Hungary

The sale of government securities in 2017 is well on target after six months, especially if we include retail savings bonds intended for households.

Short yields in Hungary stop short of zero level

Negative yields apparently not on the cards.

Some see Hungary's forint much stronger in a year

No such projection in fund manager survey for over two years.

Hungary forint bulking up but may soon run out of steam

It will be hard to remain under 310 vs. euro.
FX Rates
 HUF CHF EUR USD GBP JPY
HUF   0.00370.00330.00390.00300.4234
CHF 267.3550  0.88131.03640.8052113.1720
EUR 303.35701.1347  1.17590.91352128.4170
USD 257.93950.96490.85038  0.7769109.2055
GBP 332.10601.24201.09471.2872  140.5590
JPY 2.36200.00880.00780.00920.0071 

Source: GlobalFX

Commentary

There is still some 'juice' left in Hungary's forint

There is still some 'juice' left in Hungary's forint
Central bank remains unfazed by strong currency, for now.

ANALYST VIEW - Judicial crisis graps Poland - Commerzbank

What does the future hold for the zloty and Hungary's forint?

Hungary forint bulking up but may soon run out of steam

Hungary forint bulking up but may soon run out of steam
It will be hard to remain under 310 vs. euro.


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...