Press release on the results of the mortgage bond purchase operation of 21 April 2010

21 April 2010

On 21 April 2010, the MNB conducted its auction to purchase domestically issued forint mortgage bonds in the secondary market. Market participants submitted offers for a total amount of HUF 28.9 billion. Offers for 9 bonds were received of the 13 securities the Bank offered to purchase under the programme.

Taking into account all available secondary market price information, the Bank accepted offers for five securities, for a total amount of HUF 9.1 billion. Details of the offers received and accepted by the Bank can be accessed by clicking on the link below.

Results

The next auction to purchase mortgage bonds in the secondary market will take place on 5 May 2010.

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.