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Business & Finance

Hungary central bank buys HUF 40bn worth of bonds from banks

  • It bought 30 billion forints worth of 2031/A bonds at 2.15pc average yield, 8 billion forints worth of 2038/A bonds at 2.58pc average yield and 2 billion forints worth of 2041/A bonds at 2.64pc -- with yields well below those at the previous tender.
Published October 13, 2020
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BUDAPEST: Hungary's central bank bought 40 billion forints ($131.28 million) worth of 10-year, 15-year and 20-year government bonds from local banks at a weekly tender on Tuesday, the National Bank of Hungary (NBH) said on its pages.

It bought 30 billion forints worth of 2031/A bonds at 2.15pc average yield, 8 billion forints worth of 2038/A bonds at 2.58pc average yield and 2 billion forints worth of 2041/A bonds at 2.64pc -- with yields well below those at the previous tender.

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