Hungarian Treasury 3-month bond
Hungary Treasury 3-Month bond unchanged [Implied Yield 0.23%] 19 September, 2018
NEWS BITES - BONDS
Hungary Treasury 3-Month bond closed unchanged at HUF99.94. The bond matures in 3 months; its yield to maturity has (YTM) increased by 1.0 basis points from 0.22% to 0.23%.
|Price Change %||0.02||0.01||0.05|
|YTM change (%)||4.55||15.0||35.29||8.0||187.5|
|Maturity Date||December 27, 2018|
HUNGARY 3-MONTH BEARISH SIGNALS
+ In the last three months the bond has hit a new 52-week low once.
2.2 Overbought/Bearish/Resistance Signals:
+ The Stochastic indicator of 83.3 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.
HUNGARY 3-MONTH BULLISH SIGNALS
High Performance Indicators:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top Quartile|
|Price/MAP200||1.0||In Top Quartile|
PRICE VOLUME DYNAMICS
+ The Hungary 3-Month is at a discount of 0.1% to its 12-month high of HUF99.99 traded on February 19.
+ It is at a premium of 0.1% to its 12-month low of HUF99.87 traded on June 26.
+ The present value of HUF1,000 (PV1000) invested one year ago in Hungary 3-Month is HUF1,000, for a capital loss of 50 HUF filler.
+ The 3-Month bond yield is ranked 14 out of 15 countries in the global sovereign bond index.
The table below shows today's 3-Month Bond Yield in %, current inflation rate in % and real rate of interest(%).
|Rank||Country||3-Mo Bond||Inflation||Real Rate|
|GDP (USD Billion)||140||53|
|GDP growth yoy (%)||(-0.9)||63|
|Interest rate (%)||4.5||41|
|Inflation rate (%)||1.8||30|
|Public debt (USD) (billion)||129.7||24|
|Public debt per person (USD)||13,017||39|
|Total annual debt change (%)||7.9||36|
|Debt to GDP (%)||79.2||49|
|Budget Deficit to GDP (%)||1.9||21|
|Current account Surplus to GDP (%)||2.3||20|
|Unemployment rate (%)||11.0||51|
CREDIT RATING SUMMARY
|Rating Agency||Long Term||Foreign Currency||Description|
|S&P||BBB-||Considered lowest investment grade by market participants. The minus (-) sign shows relative standing within the major rating category.|
|FITCH||BB+||Speculative: 'BB' ratings indicate an elevated vulnerability to default risk. The plus (+) sign shows relative standing within the major rating category.|
|DAGONG||BBB-||Medium Credit Quality: "BBB" ratings indicate that expectations of default risk are currently low and it has BBB medium default risk. In normal conditions, the capacity for payment of financial commitments is considered adequate, whereas under adverse business or economic conditions risks of default are more likely to exist under this scale. The minus (-) sign shows relative standing within the major rating category.|