Hungary’s state debt manager AKK plans net forint issues of HUF 228.6bn (EUR 732.1mn) on the domestic debt market in Q2 2014, the agency said in a statement. This will include HUF 433.6bn in net issues of government bonds and HUF 205bn in net repayments of treasury bills.
In gross terms, the total issue of government securities is planned to reach HUF 1.9tn, while the expiries are estimated at HUF 1.67tn in the reference period.
About HUF 780bn of the total issuance will be in three-month discount Treasury bills, while HUF 925bn will mature. The value of the twelve-month discount bonds is planned at HUF 360bn, while HUF 420bn will expire in two maturities on April 30 (HUF 195bn) and on June 25 (HUF 225bn). AKK will sell about HUF 230bn in one-year interest-bearing T-bills, which will match with the expiring volume.
Related Articles
Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Druzhba oil flow to Slovakia and Hungary is renewed
The oil flow from the Russian Druzhba pipeline was renewed late on August 19. “The flow of oil to Slovakia is standard at the moment,” the country’s Minister of Economy Denisa Saková (Hlas) ... more
US Westinghouse could develop electricity storage site near Slovak Gabčíkovo hydroelectric power plant
US power company Westinghouse is reportedly in talks with the Slovak government to develop a new type of electricity storage site near the Gabčíkovo hydroelectric power plant (HPP) on the Danube ... more