Change in the BUBOR tenors

The BUBOR sponsor ACI Hungary (the Hungarian Forex Association) in line with the Recommendation of the Hungarian Supervisory Authority 8/2013. (IV.29) section 14., and with the international best practice, from 1 February 2014 ceases to fix BUBOR benchmark interest rates for the following tenors: 4 months, 5 months, 7 months, 8 months, 10 months, and 11 months.

The overnight, 1 week, 2 weeks, 1 month, 2 months, 3 months, 6 months, 9 months, and 12 months tenor benchmark fixings will not be effected

Vissza a tetejére

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.