net_left Phương Thức Thanh Toán

Hungary caps interest rates on large commercial bank deposits

22 Tháng Mười Một 2022
Hungary caps interest rates on large commercial bank deposits © Reuters. FILE PHOTO: The Hungarian national flag flies on the building of the National Bank of Hungary in Budapest January 10, 2013. REUTERS/Laszlo Balogh

BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits by certain large institutional and private investors, the Minister for Economic Development said on Monday.

Marton Nagy, a former central bank deputy governor, told state news agency MTI that the step was aimed at investors who took advantage of high central bank rates by investing their money in central bank deposits through commercial banks.

The National Bank of Hungary announced an emergency rate hike last month and introduced a quick deposit facility with an 18% interest rate.

Under the measure outlined on Monday, until March 31, 2023, commercial banks cannot pay an interest rate that is higher than the yield on the three-month discount bill on deposits by investment companies, savings banks, building societies, investment funds and private citizens' deposits of more than 20 million forints ($49,980.01).

These investors made use of high central bank rate and "they realized a risk-free interest rate of up to 18% that was, in the end, paid by the state," Nagy said.

The yield on the three-month discount bill was about 12% on Monday.

The central bank did not immediately respond to questions from Reuters on the new regulation.

"This means that (the government) is neutralizing part of the monetary policy transmission mechanism. There will be a segment of the economy where high interest rates will not apply as some market participants will not be able to access them," Peter Virovacz, senior economist at ING said.

Long-term government bond yields dropped after Nagy's announcement and were about 25 basis points lower on the day by late afternoon, a fixed-income trader in Budapest said. The yield on the 10-year bond was about 7.90%.

"Investment funds started to buy the short end soon after the announcement, and that had an effect on the long end as well," a fixed-income trader in Budapest said.

"Yields first dropped by about 50 basis points, then climbed back 25 points. We do not know the technical details of the new rules yet, so there is a lot of confusion in the market."

($1 = 400.1600 forints)

Để lại bình luận
Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
06-12-2022 08:41:00 (UTC+7)

EUR/USD

1.0511

0.0020 (0.19%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

EUR/USD

1.0511

0.0020 (0.19%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

GBP/USD

1.2212

+0.0024 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (0)

Sell (7)

USD/JPY

136.49

-0.26 (-0.19%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (0)

AUD/USD

0.6722

+0.0027 (+0.40%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (5)

USD/CAD

1.3576

-0.0012 (-0.09%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (7)

Sell (1)

EUR/JPY

143.48

+0.03 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

EUR/CHF

0.9897

+0.0010 (+0.11%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,786.35

+5.05 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Silver Futures

22.622

+0.205 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

Copper Futures

3.8208

+0.0320 (+0.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Crude Oil WTI Futures

77.70

+0.77 (+1.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Brent Oil Futures

83.47

+0.44 (+0.53%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Natural Gas Futures

5.595

-0.026 (-0.46%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

US Coffee C Futures

163.42

+0.82 (+0.50%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

Euro Stoxx 50

3,956.53

-21.37 (-0.54%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

S&P 500

3,998.84

-72.86 (-1.79%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (11)

Sell (0)

DAX

14,447.61

-81.78 (-0.56%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

FTSE 100

7,567.54

+11.31 (+0.15%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Hang Seng

19,447.00

-71.29 (-0.37%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (3)

US Small Cap 2000

1,835.79

-57.05 (-3.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

IBEX 35

8,370.10

-7.80 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

BASF SE NA O.N.

47.970

-0.760 (-1.56%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (9)

Bayer AG NA

53.09

-1.75 (-3.19%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

Allianz SE VNA O.N.

203.00

+0.35 (+0.17%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (3)

Adidas AG

122.06

-2.20 (-1.77%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (4)

Deutsche Lufthansa AG

7.766

+0.028 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

Siemens AG Class N

135.44

+0.74 (+0.55%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

Deutsche Bank AG

10.150

+0.126 (+1.26%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (3)

 EUR/USD1.0511Sell
 GBP/USD1.2212Neutral
 USD/JPY136.49↑ Buy
 AUD/USD0.6722Neutral
 USD/CAD1.3576Neutral
 EUR/JPY143.48↑ Buy
 EUR/CHF0.9897↑ Sell
 Gold1,786.35↑ Buy
 Silver22.622↑ Buy
 Copper3.8208↑ Buy
 Crude Oil WTI77.70↑ Buy
 Brent Oil83.47↑ Buy
 Natural Gas5.595Buy
 US Coffee C163.42↑ Sell
 Euro Stoxx 503,956.53↑ Sell
 S&P 5003,998.84↑ Buy
 DAX14,447.61↑ Sell
 FTSE 1007,567.54↑ Sell
 Hang Seng19,447.00Buy
 Small Cap 20001,835.79↑ Buy
 IBEX 358,370.10↑ Sell
 BASF47.970Sell
 Bayer53.09↑ Buy
 Allianz203.00Buy
 Adidas122.06↑ Sell
 Lufthansa7.766↑ Buy
 Siemens AG135.44↑ Buy
 Deutsche Bank AG10.150Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,590/ 6,660
(-20/ -20) # 1,499
SJC HCM6,600/ 6,680
(-25/ -25) # 1,520
SJC Hanoi6,600/ 6,682
(-25/ -25) # 1,522
SJC Danang6,600/ 6,682
(-25/ -25) # 1,522
SJC Nhatrang6,600/ 6,682
(-25/ -25) # 1,522
SJC Cantho6,600/ 6,682
(-25/ -25) # 1,522
Cập nhật 06-12-2022 08:41:03
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,774.50-24.35-1.35%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.83024.300
RON 95-III22.70023.150
E5 RON 92-II21.67022.100
DO 0.05S23.21023.670
DO 0,001S-V25.19025.690
Dầu hỏa 2-K23.56024.030
ↂ Giá dầu thô thế giới
WTI$77.72+4.746.10%
Brent$83.48-0.41-0.49%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.830,0024.140,00
EUR24.590,1625.966,08
GBP28.568,7729.785,81
JPY171,33181,38
KRW15,9419,42
Cập nhật lúc 08:39:35 06/12/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán