Hungary central bank to hold fx swap tender and discount bill auction on March 21

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUDAPEST, March 10 (Reuters) - Hungary central bank said on Friday that it will hold its end-of-quarter foreign exchange swap tender providing euro-liquidity as well as a discount bill auction on March 21.


"The purpose of the transactions is to strengthen the efficiency of monetary transmission, thereby supporting the achievement of price stability, and managing possible tensions in the foreign exchange swap market," the bank said in a statement. (Reporting by Krisztina Than)

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