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EU Budget Compromise Buoys Demand for Hungary Bond Auctions

HUNGARY

Auction results

  • HUF45B April 2026 Bond, bid to cover 2.60x (1.63x) Average Yield 1.49% (1.55%)
  • HUF45B October 2031 Bond, Bid to cover 1.77x (1.34) Average Yield 2.19% (2.24%)
  • HUF20B October 2038 Bond, Bid to cover 1.66x (1.58x) Average Yield 2.29% (2.32%)
  • Increased auction size by HUF 30bn now seems to be permanent after three consecutively larger auctions.
  • Strong pickup in demand noted, most likely due to EU recovery fund/budget optimism
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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