Hungarian Treasury 3-month bond
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%.
|Price Change %||0.003||0.01||0.2|
|YTM change (%)||11.76||11.76||83.87|
HUNGARY 3-MONTH BULLISH SIGNALS
+ 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.
HUNGARY 3-MONTH BEARISH SIGNALS
Low Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.0||In Bottom Quartile|
PRICE VOLUME DYNAMICS
+ 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.
+ 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||52|
|GDP growth yoy (%)||(-0.9)||60|
|Interest rate (%)||4.5||40|
|Inflation rate (%)||1.8||22|
|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.|