Hungarian Treasury 3-month bond
Hungary Treasury 3-Month bond hits year-high 7th time in one month [Implied Yield 0.04%] 19 January, 2018
NEWS BITES - BONDS
Hungary Treasury 3-Month bond hit a 52-week high of HUF99.99 during the day. In the last one month the bond has hit a new 52-week high seven times and in the last three months twenty-eight times, pointing to a significant uptrend. The bond price has increased 1.0 HUF filler (or 0.01%) from its last trading session of January 18, 2018 to close at HUF99.99. The bond matures in 4 months; its yield to maturity has (YTM) decreased by 1.0 basis points from 0.05% to 0.04%.
|Price Change %||0.01||0.01||0.01||0.04|
|YTM change (%)||20.0||20.0||42.86||75.0|
HUNGARY 3-MONTH BULLISH SIGNALS
+ The price increased 0.01% in the last week and 0.01% in the last month.
+ In the last three months the bond has hit a new 52-week high twenty-eight times, pointing to a significant uptrend.
2.2 High Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Top Quartile|
PRICE VOLUME DYNAMICS
+ The Hungary 3-Month is at a premium of 0.1% to its 12-month low of HUF99.91 traded on February 23, 2017.
+ The present value of HUF1,000 (PV1000) invested one year ago in Hungary 3-Month is HUF1,000, for a capital gain of 45 HUF filler.
+ The 3-Month bond yield is ranked 15 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||28|
|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||20|
|Current account Surplus to GDP (%)||2.3||20|
|Unemployment rate (%)||11.0||52|
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.|