They are confusing the maturity of government securities, a week comes in the change
Thoroughly transforms to the population sold government securities the conditions of the Government Debt Management Center (ÁKK). The amendment affects almost all of the most popular government securities in the past and currently. The series so far can be purchased for another week, and from there they are new, partly with new interest and maturity.
Bonus will be a longer Hungarian government securities
The variable interest bonus is Hungarian government securities (Bmáp) The current time is rising from current 3 and 5 years to 4 and 6 years. Interest in the new government securities (2029/R1 and 2031/R1) will continue to depend on the current yield of 3 -month discount treasury bills. This gives a three -month -long interest rate base, which comes with the interest premium. Together, the interest that investors receives together. The interest premium will be 1 percent and an additional 0.5 percent from the fifth year. Thus, the interest premium of six-year-old BMÁPs will be 1.50 percent in the last two years of the term. The starting interest rate of both series is 7.36 percent.
There will be a 5 year old fixed man
From the fixed Hungarian government securities, which currently offers 6.5 percent fixed interest rates for 3 years, ÁKK also release a longer 5 -year term called 2030/Q2. To this To a fixed máp Interest will also be 6.5 percent, which is an attractive offer for other government securities when inflation decreases.
The pmáp will be for decades
The maturity of the currently 8 -year inflation premium Hungarian government securities (PMÁP) is raised for a decade from the current 8 years. The long -standing one is the most popular but now the already lower interest PMÁP’s interest rate will continue to be the average inflation of the previous year. In addition, this government securities will pay a 0.5 percent interest premium, which will increase by an additional 0.5 percent loyalty premium from the sixth year. The starting interest rate on the new 2035/I series will be 6.50 percent a year, followed by 2026 to adapt to inflation.
When can you buy new government securities?
The new government securities listed can be purchased from April 23. In parallel, the sale of current series will be completed on April 22. The interest and redemption rules They do not change for retail investors.
As a result of the consultation with the Hungarian Banking Association, the ÁKK provides the public securities from April 2025 to the public government securities purchased by the banks. As part of this, distributors can always replace retail government securities with their own accounts with the series that are still being sold, which can be further sold to the population in the secondary market.
