Hungary to buy forint mortgage bonds to spur lending

national-bank-of-hungary2

The National Bank of Hungary on Monday sought to prevent a return to the events that sparked the country's worst economic crisis since the fall of communism by introducing a programme aimed at fostering forint lending.

The central bank announced on Monday that it would undertake a programme "to support the development of the domestic forint mortgage lending and mortgage bond markets."

In the run-up to the crisis, which led Hungary to seek International Monetary Fund support in November 2008, the

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: