Péter Ákos Bod: the government is chasing a mirage, and the whole of Hungary will pay the price

High-pressure economy is a delusion

Another failed auction: six-month discount Treasury bills barely sold

Not the first time such a thing happens

Hungarians pour their savings into investment funds

Last year saw an unprecedented influx of fresh money, with peak figures in December

Hungary to double gov’t support on Baby Bonds

To HUF 12,000 a year

AutoWallis completes HUF 6.6 bn green bond issue

To finance growth

Hungarians turn towards retail security with highest yield

Baby bonds offer protection against inflation

GTC buys two Budapest office buildings

For EUR 160 mn

Investors jump on world’s longest green bond

Hungary issues 30-yr bond on Earth Day

How much is Hungary losing on separate bond issue compared to the EU recovery fund?

Not that much overall

Coronavirus hits Hungarian investment market hard in March

All savings categories down

Hungary 10-yr bond yields rebound from historic low

Yields rose 70bp to overtake Poland again.

Negative yields do not reflect economic strength, Fitch says

Quantitative easing has distorted the market.

Hungary gov't securities creep towards historic low

Bond yields drop as demand remains high.

Hungary debt manager sells HUF 61.5 bn in bonds

Hungary debt manager sells HUF 39.5 bn of 12m T-bills

Hungary sells HUF 30bn in 12m T-bills amidst moderate demand

Auction went according to plan, 12m yield at 0%.

Hungary central bank to offer MIRS at fixed-price tenders

Hungary debt manager sells HUF 40 bn T-Bills at negative yield

Hungary debt manager sells HUF 40 bn T-Bills at negative yield

Hungary c.bank makes a move and bond yields start to fall at once

Investors did not need much convincing.