National Bank of Hungary releases February 2025 securities statistics with outstanding stock up HUF 723 billion

The National Bank of Hungary published its February 2025 securities statistics on securities issued by Hungarian residents and holdings by sector. At end-February, the market value of outstanding securities rose by HUF 723 billion to HUF 108,770 billion (0.7%), as net transactions of HUF 617 billion and price gains of HUF 589 billion more than offset exchange-rate losses of HUF 483 billion. Government securities edged down by HUF 44 billion to HUF 51,428 billion. In the long-term forint-denominated market, new and tap issues of Hungarian Government Bonds and Hungarian Local Government Bonds totalled HUF 609 billion at face value versus HUF 105 billion of repayments, while discount Treasury bill issuance totalled HUF 531 billion against HUF 707 billion of maturities and redemptions; no foreign currency issuance was recorded and a foreign currency bond of HUF 41 billion matured. Mortgage bonds increased by HUF 14 billion to HUF 2,047 billion and other bonds rose by HUF 294 billion to HUF 16,113 billion, driven by a HUF 569 billion increase in National Bank of Hungary bills. Investment fund shares climbed by HUF 147 billion to HUF 23,422 billion and quoted shares rose by HUF 312 billion to HUF 15,761 billion, while financial corporations’ holdings increased by HUF 1,279 billion on transactions and households and non-profit institutions reduced holdings by HUF 213 billion and non-residents by HUF 294 billion. The central bank noted that data providers’ corrections led to revisions to the securities statistics from December 2024, affecting investment fund shares and other bonds. The next press release is scheduled for 7 May 2025.