Macro Analysis /
Hungary

Hungary: Government raises forex bond issuance plan to EUR 4.5bn for 2021

    EmergingMarketWatch
    13 September 2021
    • Higher forex borrowing target means to partly pre-finance EU recovery funds
    • Budget deficit target of 7.5% of GDP remains unchanged for 2021
    • AKK expects to exceed domestic wholesale issuance plan, miss retail security issuance target