Hungary's borrowing costs soar

budapest

The yield on Hungarian debt rose sharply and the forint moved lower against the euro on January 5 amid concerns the government will not receive financial assistance from the International Monetary Fund (IMF).

Investors demanded a premium of 9.96% from the government to borrow funds for 15 years, according to data from the Hungarian Debt Management Agency, after an auction that received total bids of just 1.18 times the allotted amount. The yield on 10-year government bonds hit a new high on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

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 individual account here: