Hungarian Treasury 3-month bond

HUNG

Hungary Treasury 3-Month bond increases [Implied Yield 0.15%] 23 June, 2017

NEWS BITES - BONDS

Hungary Treasury 3-Month bond has increased 0.20 HUF filler (or 0.002%) from its last trading session of June 22, 2017 to close at HUF99.95. The yield to maturity is 0.15%.

Hungary 3-Month1-month3-months1-year
Price Change %0.0030.010.2
YTM change (%)11.7611.7683.87

SECTION 1

1.1 Maturity

IssuerHungary

SECTION 2

HUNGARY 3-MONTH BULLISH SIGNALS

2.1 Technicals:

+ The price increased 0.003% in the last week and 0.003% in the last month.

+ Rises to Falls in the past month: the number of rises outnumbered falls 12:5 or 2.4:1. The bond traded in 17 of the 23 trading days.

+ In the last three months the bond has hit a new 52-week high ten times, pointing to a significant uptrend.

2.2 Oversold/Bullish/Support Signals:

+ The Stochastic indicator of 17.3 has pierced the oversold line of 20; this indicates the price is close to its 14-day low and is likely to revert to an uptrend.

SECTION 3

HUNGARY 3-MONTH BEARISH SIGNALS

Low Performance Indicator:

DescriptionValueRank In Market
Price/MAP501.0In Bottom Quartile

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The Hungary 3-Month is at a discount of 0.01% to its 12-month high of HUF99.96 traded on June 14.

+ It is at a premium of 0.4% to its 12-month low of HUF99.52 traded on June 30, 2016.

+ The present value of HUF1,000 (PV1000) invested one year ago in Hungary 3-Month is HUF1,002, for a capital gain of HUF2.

PV10001-week1-month1-year
hungary-3-month.BU1,0001,0001,002

SECTION 5

PERFORMANCE RANK

+ 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(%).

RankCountry3-Mo BondInflationReal Rate
1Russia8.854.14.563
2Kenya8.314.054.094
3Mexico6.995.821.106
4South Africa6.76.10.566
5India6.262.993.175
6Pakistan5.994.781.155
7Malaysia3.155.1-1.855
8Poland2.652.00.637
9Philippines2.073.4-1.29
10Singapore0.930.70.226
11Canada0.651.6-0.94
12Norway0.372.2-1.787
13United Kingdom0.212.3-2.047
14Hungary0.151.8-1.621
14Israel0.150.7-0.546

SECTION 6

MACROECONOMIC INDICATORS

IndicatorValueGlobal Rank
GDP (USD Billion)14052
GDP growth yoy (%)(-0.9)60
Interest rate (%)4.540
Inflation rate (%)1.822
Public debt (USD) (billion)129.724
Public debt per person (USD)13,01739
Total annual debt change (%)7.936
Debt to GDP (%)79.249
Budget Deficit to GDP (%)1.921
Current account Surplus to GDP (%)2.320
Unemployment rate (%)11.051
Population (million)1046

SECTION 7

CREDIT RATING SUMMARY

Hungary:

Rating AgencyLong TermForeign CurrencyDescription
FitchBBB-
Moody'sBaa3
S&PBBB-Considered lowest investment grade by market participants. The minus (-) sign shows relative standing within the major rating category.
FITCHBB+Speculative: 'BB' ratings indicate an elevated vulnerability to default risk. The plus (+) sign shows relative standing within the major rating category.
DAGONGBBB-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.

Source: www.BuySellSignals.com