Hungary auctions off large amount of 2-week bonds
Published February 6th, 2007
Hungary’s central bank (NBH) has sold the largest amount of NBH bonds since it swapped its two-week deposit facility to the new instrument a month ago. Credit institutions bought nearly HUF 647.8 billion worth of the bonds. The amount expiring on Wednesday is HUF 621.8 billion, therefore the NBH’s two-week facility will rise by HUF 26 bn to HUF 967.25 bn.
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