Tag: bond

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... 

As a response to the strong bidding in the morning bond auctions, Hungary’s Government Debt Management Agency (ÁKK) has held non-competitive tenders on all three maturities on Thursday. On a HUF... 

Hungary’s Government Debt Management Agency (ÁKK) placed a HUF 42 billion lot of bonds on auction on Thursday and as a result of healthy bidding it allotted HUF 53 bn of it. Average yields were up... 

Hungary’s Government Debt Management Agency (ÁKK) placed a HUF 47 billion lot of bonds on auction on Thursday and received HUF 127.5 billion worth of bids from primary dealers. As a response to the... 

If Hungary had had an IMF/EU safety net at its disposal since January, its interest expenditure would be nearly HUF 100 billion smaller than if it secures a deal on a financial assistance package only... 

As a response to the relative success of bond auctions in the morning, Hungary’s gdm has held non-competitive tenders on all three maturities on Thursday. On a HUF 16.5 bn lot it has received HUF... 

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 101.8 billion worth of bids on a HUF 40 bn lot of government bonds at its Thursday tenders. The issuer allotted HUF 47.5 bn of the... 

Michael Hasenstab, Senior Vice President for the international bond department of the Franklin Templeton Fixed Income Group, has talked publicly about their Hungarian investments for the first time today.... 

There is no such thing as a Plan B, Hungary is definitely entering into a credit line agreement with the EU and the IMF, however at the moment the ball is in the European Commission's court as Hungary... 

Despite modest demand witnessed at the morning auctions, Hungary’s Government Debt Management Agency (ÁKK) has held non-competitive tenders in the afternoon, although it offered only 5-year and 10-yr... 

Hungary’s Government Debt Management Agency (ÁKK) has received HUF 74.9 billion worth of bids on a HUF 43 bn lot of government bonds on its Thursday tenders. The issuer allotted HUF 45 bn of the... 

Hungarian assets did not perform well in global comparison over the past month; the forint depreciated to 295 against the euro from around 288 at the end of February. But local fund managers have turned... 

Hungary would undermine its credibility by selling Eurobonds before obtaining a loan from the International Monetary Fund (IMF), warned the Chief Executive Officer of the nation’s largest bank. An... 

The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been on hold since end-December 2011 and at... 

Hungary would probably be able to sell, for example, USD 1 billion worth of FX bond even before it reaches a credit deal with the IMF/EU, but for that it would need to offer a yield of at least 8% and... 

It is worth considering a foreign currency bond issue in Hungary, the Government Debt Management Agency (ÁKK) Chief Executive told Gazdasági Radio on Monday. István Töröcskei said it depends on traditional... 

Hungary may issue a foreign currency bond even before it reaches an agreement on a credit line with the IMF/EU, said István Töröcskei, CEO of the Government Debt Management Agency (ÁKK). He added that... 

Hungary could issue a foreign currency bond even before it strikes a credit deal with the International Monetary Fund (IMF) and the European Union as long as market conditions prove favourable, said István... 

Buoyed by the outcome of the morning bond auctions, Hungary’s Government Debt Management Agency (ÁKK) has offered a HUF 16.7 billion lot of debt at non-competitive tenders in the afternoon, HUF 14.3... 

Hungary’s Government Debt Management Agency (ÁKK) has allotted HUF 49 billion worth of government bonds at its Thursday auctions, while it originally had a HUF 40 bn lot on offer. Bid/cover ratios...