Tag: standard

Hungary's 5-year credit default spread has jumped above 600 bp on news of a Standard & Poor's downgrade from investment grade to junk. This sudden increase was not paralleled by any other country's CDS... 

Weak demand at Thursday's 12-month zero-coupon treasury bill auction has prompted Hungary's State Debt Management Agency (ÁKK) to lower the amount on offer from HUF 40 billion to HUF 30 billion. Yields... 

Hungarian government bonds yields rose 25 to 30 bp in Thursday morning trade on news of a S&P downgrade the night before, Portfolio.hu has learned from a trader representing a primary dealer who wished... 

Barely a month after a Moody's downgrade, Standard & Poor's have followed suit, moving Hungary from the lowest investment grade to junk category. Analysts believe a Fitch downgrade may be in store early... 

Standard & Poor's has downgraded Hungary's sovereign debt from BBB- to BB+, which means the country now has junk rating. To make matters worse, the rating comes with negative outlook. This means Hungarian... 

Standard & Poor’s Ratings Services said on Tuesday that it placed its 'BBB-/A-3' long- and short-term counterparty credit ratings on Hungary’s OTP Bank PLC, and its core subsidiary OTP Mortgage... 

Strandard & Poor’s lowered Hungary's BBB- negative outlook rating to “CreditWatch with negative implications", which means a cut to junk is imminent, expected within the next month, Peter Attard... 

Standard&Poor's Ratings Services on Friday placed its 'BBB-/A-3' foreign and local currency sovereign credit ratings on Hungary on CreditWatch with negative implications. At the same time, it has placed... 

Standard & Poor’s has announced on Wednesday that it is maintaining its Banking Industry Country Risk Assessment (BICRA) on Hungary at group ‘7’ along with its economic risk score also... 

Analysts and fund managers surveyed by Portfolio.hu on Friday in a flash poll said it was a real risk that Hungary’s credit rating will be downgraded within three months. Out of the 13 foreign and... 

Unexpected negative comments by the CEO of Hungary's State Debt Management Agency (ÁKK) have been released early in the afternoon on Friday concerning the country's credit rating outlook. Released by Reuters...