Government bond auction · Hungary
Hungary 12-Month DTB Auction
The Hungary 12-Month DTB Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.
- Importance
- Low
- Released
- Every two weeks
- Next release
- Currency
- HUF · Hungarian forint
- Central bank
- The Magyar Nemzeti Bank
Latest figures
The latest release, published on 22 October 2026, came in at 5.09%, down from 5.14% the time before.
Over the last 12 releases it ranged from 5.07% to 5.66%, averaging 5.25%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 22 Oct 2026 | – | 5.09% | – | 5.14% |
| 8 Oct 2026 | – | 5.14% | – | 5.08% |
| 24 Sep 2026 | – | 5.08% | – | 5.07% |
| 10 Sep 2026 | – | 5.07% | – | 5.15% |
| 27 Aug 2026 | – | 5.15% | – | 5.22% |
| 13 Aug 2026 | – | 5.22% | – | 5.25% |
| 30 Jul 2026 | – | 5.25% | – | 5.21% |
| 16 Jul 2026 | – | 5.21% | – | 5.21% |
| 2 Jul 2026 | – | 5.21% | – | 5.40% |
| 18 Jun 2026 | – | 5.40% | – | 5.53% |
| 4 Jun 2026 | – | 5.53% | – | 5.66% |
| 21 May 2026 | – | 5.66% | – | 5.82% |
Why it matters
Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.
How it is calculated
Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.
Bid-to-cover = amount bid ÷ amount soldWhat changes mean
- Bid-to-cover above its recent average and no tail: solid demand.
- Index-linked and green bonds are smaller auctions with their own investor base.
A short history
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Questions
What is the Hungary 12-Month DTB Auction?
The Hungary 12-Month DTB Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.
What was the latest Hungary 12-Month DTB Auction?
5.09%, published on 22 October 2026.
When is the next Hungary 12-Month DTB Auction?
On Thursday 5 November 2026 at 10:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.