Hungary’s central bank to start buying government securities

Central Bank of Hungary

The Central Bank of Hungary will buy “limited” amounts of government securities over the coming weeks, aiming to improve monetary policy transmission.

The bank cut interest rates for the second time this year at its meeting on June 21, taking them to a record low of 0.6%. It noted previous monetary policy action had fallen short of expectations.

“The effects of the interest rate cut in June appeared persistently in the shorter segment of the yield curve,” the central bank said in its statement

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:

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: