Hungary's Mortgage Bond Purchases to Boost Covered Bonds
Banking & Financial Services / Hungary / Thu 03 May, 2018
Fitch Ratings expects National Bank of Hungary's (NBH) mortgage bond purchase programme to support the development of the domestic covered bond market and improve match-funding of mortgage assets on the banks' balance sheet. The newly set up programme enables the central bank to conduct purchases on the primary and the secondary market, up to half