Government bond auction · Hungary
Hungary 3-Month DTB Auction
The Hungary 3-Month DTB Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.
- Importance
- Low
- Released
- Weekly
- Next release
- Currency
- HUF · Hungarian forint
- Central bank
- The Magyar Nemzeti Bank
Latest figures
The latest release, published on 27 October 2026, came in at 5.15%, up from 5.12% the time before.
Over the last 12 releases it ranged from 5.12% to 5.29%, averaging 5.20%.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 27 Oct 2026 | – | 5.15% | – | 5.12% |
| 20 Oct 2026 | – | 5.12% | – | 5.14% |
| 13 Oct 2026 | – | 5.14% | – | 5.17% |
| 6 Oct 2026 | – | 5.17% | – | 5.16% |
| 29 Sep 2026 | – | 5.16% | – | 5.21% |
| 22 Sep 2026 | – | 5.21% | – | 5.25% |
| 15 Sep 2026 | – | 5.25% | – | 5.24% |
| 8 Sep 2026 | – | 5.24% | – | 5.19% |
| 1 Sep 2026 | – | 5.19% | – | 5.21% |
| 25 Aug 2026 | – | 5.21% | – | 5.25% |
| 18 Aug 2026 | – | 5.25% | – | 5.29% |
| 11 Aug 2026 | – | 5.29% | – | 5.32% |
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 3-Month DTB Auction?
The Hungary 3-Month DTB Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.
What was the latest Hungary 3-Month DTB Auction?
5.15%, published on 27 October 2026.
When is the next Hungary 3-Month DTB Auction?
On Tuesday 3 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.