Government bond auction · Hungary

Hungary 15-Year Bond Auction

The Hungary 15-Year Bond Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.

Importance
Low
Released
Monthly
Next release
Currency
HUF · Hungarian forint
Central bank
The Magyar Nemzeti Bank
Moves
EURHUF# · USDHUF

Latest figures

The latest release, published on 22 October 2026, came in at 5.61%, up from 5.60% the time before.

Over the last 8 releases it ranged from 5.11% to 7.18%, averaging 6.25%; it has been rising for three releases in a row.

Jan 2026: 7.11%Feb 2026: 6.77%Mar 2026: 7.18%Apr 2026: 6.71%May 2026: 5.92%Jul 2026: 5.11%Aug 2026: 5.60%Oct 2026: 5.61% Jan 2026Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
22 Oct 2026–5.61%–5.60%
27 Aug 2026–5.60%–5.11%
2 Jul 2026–5.11%–5.92%
7 May 2026–5.92%–6.71%
9 Apr 2026–6.71%–7.31%
12 Mar 2026–7.18%–6.77%
12 Feb 2026–6.77%–7.11%
15 Jan 2026–7.11%––

See it in the economic calendar →

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 sold

What 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 15-Year Bond Auction?

The Hungary 15-Year Bond Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.

What was the latest Hungary 15-Year Bond Auction?

5.61%, published on 22 October 2026.

When is the next Hungary 15-Year Bond Auction?

On Thursday 17 December 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.