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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.
HUNGARY
- Local bonds open on the back foot this morning, trading in line with PolGBs and exhibiting a bear steepening bias with 5-15Y yields +2.1-2.6bp higher.
- Friday's session closed marginally firmer with the curve ending the week a fraction higher overall.
- Focus remains on the NBH meeting tomorrow, with expectations for an additional +30bp in tightening pencilled in for this meeting.
- 3x6 FRA-Bubor Spreads remain at stable +71bp after rising from a low of +50bp on 28 July
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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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