Press release on the results of the mortgage bond purchase operation of 5 May 2010

5 May 2010

On 5 May 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 185 million. One offer for one bond was received of the 12 securities the Bank offered to purchase under the programme.

Taking into account all available secondary market price information, the Bank accepted the offer for a total amount of HUF 185 million. 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 9 June 2010.

Magyar Nemzeti Bank

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.