Business & Finance

Hungarian central bank raises liquidity in banking system

Published December 4, 2017 Updated December 4, 2017 04:33pm

The NBH accepted bids worth 319 million euros ($377.76 million) for its 12-month swap facility, which provides forint liquidity in return for euros, it said on its page.

Banks submitted bids worth 375 million euros for the 12-month facility. For the one-month and three-month swap maturities, which drew hardly any demand, the NBH did not accept any bids.

 

Copyright Reuters, 2017