Hungarian central bank says to decide on possible changes to IRS ‘within days’

The bank declined to provide more details.

The NBH plans to make its new IRS facility for banks fixed- rate instead of variable-rate, three banking sources told Reuters.

The first of the NBH's bi-weekly 5-year and 10-year IRS auctions, held last Thursday, led to a sharp rebound in IRS and government bond yields in the market because the offered amounts and yield spreads disappointed some investors.