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Markets

Hungary central bank provides EUR 529mn worth of liquidity at EUR/HUF swap tender

  • The National Bank of Hungary (NBH) added swap tenders providing foreign currency liquidity to its monetary policy toolkit in September to reduce volatility in the domestic fx swap market.
Published September 25, 2020
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BUDAPEST: Hungary's central bank accepted all bids worth 529 million euros ($615.86 million) from banks at Friday's euro/forint foreign exchange swap tender providing euro liquidity, the central bank said.

The National Bank of Hungary (NBH) added swap tenders providing foreign currency liquidity to its monetary policy toolkit in September to reduce volatility in the domestic fx swap market.

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Hungary central bank provides EUR 529mn worth of liquidity at EUR/HUF swap tender

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