MNB allocates EUR 2.15 bln of euro liquidity swaps at tender



Photo by Adriana Iacob /

The National Bank of Hungary (MNB) allocated € 2.15 billion in euro liquidity swaps in a tender on Wednesday, accepting all bids, MTI news agency reports, citing published data by the central bank.

The tender was the first of four the MNB is holding to ease tensions in the end-of-quarter swap market in the third quarter. The other calls for tenders will take place on September 28, 29 and 30.

The central bank began the practice of holding end-of-quarter tenders in September 2020 “to improve the efficiency of the transmission of monetary policy.”

MNB does not hold its weekly tenders for currency swaps providing liquidity in forint between September 20 and September 30.


Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and journalists of the Budapest Business Journal have strived to bring you business news that works – information that is reliable, factual, accurate and presented without fear or favor.

News organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support BBJ button and you can choose how much and how often you send us your contributions.


Comments are closed.