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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessEU Parliament Assessment Could Secure Funding Deal by Year-End
- Thursday could be key for Hungary’s hopes to secure EU funding, with the European Parliament set to present their assessment of the anti-graft legislation passed through Hungarian parliament in order to cement payments. Late last week, ministers saw the government as having “every chance” of signing a deal with Brussels before the end of the year.
- Local press flags the success of Hungary’s panda bond issuance this week (the CNY 2bln line was priced at par to yield 3.75%). The finance minister stated that the issue expands Hungary’s network of investors and strengthens cooperation with China. The sale puts foreign currency debt just above 25% of the total, well below the 50% share in 2010.
- Bonds are to be sold domestically Thursday, with HUF 55bln across 2025, 2028 and 2032 lines.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.