May 17, 2012, 2:14 pmAs 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...
April 20, 2012, 5:00 pmIf 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...
April 5, 2012, 12:25 pmHungary’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...
April 4, 2012, 4:59 pmHungarian 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...
March 14, 2012, 1:08 pmHungary’s Government Debt Management Agency (ÁKK) has received HUF 107.1 billion worth of bids from primary dealers on a HUF 45 bn lot of 12-month discount Treasury bills at an auction on Wednesday...
March 8, 2012, 3:17 pmHungary’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...
February 28, 2012, 12:12 pmHungary’s Government Debt Management Agency (ÁKK) has received HUF 80.8 billion worth of bids from primary dealers on a HUF 50 bn lot of 3-month discount Treasury bills (D120606) at an auction on...
February 23, 2012, 3:12 pmResponding to the outcome of morning bond auctions, Hungary’s Government Debt Management Agency (ÁKK) placed only 5-year and 15-yr bonds on sale on the non-competitive auctions in the afternoon....
February 3, 2012, 2:57 pmHungary’s forint performed splendidly in January. In fact, it has never done better, and its outstanding appreciation most likely contributed greatly to the worsened outlook of fund managers’...
January 12, 2012, 2:33 pmBuoyed by the outcome of the morning bond auctions, Hungary’s Government Debt Management Agency (ÁKK) has offered a HUF 15.6 billion lot of debt at non-competitive tenders in the afternoon, which...
January 5, 2012, 11:52 amHungary’s Government Debt Management Agency (ÁKK) has sold HUF 35 billion worth of 12-month discount Treasury bills at an average yield of 9.96%, a 2.5-year high. The issuer had a HUF 45 bn lot on...
December 22, 2011, 2:56 pmHungary'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...
December 22, 2011, 11:59 amWeak 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...
December 22, 2011, 11:51 amHungarian 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...
December 22, 2011, 11:13 amHungary is planning to rely on market sources for finance and use sources flexibly, the State Debt Management Agency's (ÁKK) long-term financing plan revealed. The ÁKK plan is to source EUR 4 billion from...
December 15, 2011, 12:23 pmHungary’s Government Debt Management Agency (ÁKK) has placed a HUF 35 billion lot of 3-year, 5-yr and 15-yr government bonds on auction on Thursday, for which it received HUF 94.6 bn worth of bids...
December 14, 2011, 12:31 pmHungary's State Debt Management Agency (ÁKK) held a debt repurchase auction for two series of bonds expiring next year. Redemptions totaled HUF 8.2 billion. Of the 2012/B series maturing in June...
November 25, 2011, 11:02 am(Adds more comments, charts) Moody’s downgrading Hungary’s credit rating by one notch to non-investment grade sparked negative reactions on the fixed income market. The trading volume has shrunk...
October 4, 2011, 3:46 pmHungary’s forint first approached in the morning and later breached 300 versus the euro, a key level both from a psychological and a technical point of view, in the early afternoon session on Tuesday....