Hungarian central bank accepts 3-month depos worth HUF 687bn at tender

BUDAPEST: The Hungarian central bank accepted 3-month deposits worth 687 billion forints ($2.49 billion) on Wednesday at its last monthly tender before its limits take effect.

The 3-month deposits now hold 2.227 trillion forints. The bank announced on Tuesday that it would cap the amount in the 3-month deposits at 900 billion forints by the end of the year.