Hungary’s state debt manager AKK plans net forint repayments of HUF 284.8bn (EUR 952mn) on the domestic debt market in Q4 2013, the agency said in a statement. This will include HUF 65bn in net repayments of Treasury bills and HUF 212bn in government bonds.
In gross terms, the total issue of government securities is planned to reach HUF 1.35tn, while the expiries are estimated at HUF 1.64tn in the reference period.
About HUF 580bn of the total issuance will be in three-month discount Treasury bills, while HUF 685bn will mature. The value of the twelve-month discount bonds is planned at HUF 300bn, while HUF 260bn will expire on November 13. AKK will sell HUF 132.7bn in one-year interest-bearing T-bills, which will match with the expiring volume.
AKK plans gross Treasury bond issues of HUF 340bn in the three months to December 2013when HUF 559.8bn will mature.
Union leaders are preparing for the first country-wide strike at Tesco stores in Hungary, which has unanimous support from workers, local media reported on September 4. This is just the latest in ... more
The Moscow-based International Investment Bank (IIB) announced on August 9 that it has signed off on its debut credit facility in Hungary. The Russian-led IIB decided around five years ... more
Manufacturers in Central Europe reported a step back in activity and confidence in July, purchasing managers’ indices (PMI) released by IHS Markit on August 1 showed. While, the indicators still ... more