Government bond auction · Hungary

Hungary 3-Year Bond Auction

The Hungary 3-Year Bond 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
Moves
EURHUF# · USDHUF

Latest figures

The latest release, published on 29 October 2026, came in at 5.67%, up from 5.60% the time before.

Over the last 12 releases it ranged from 5.06% to 5.90%, averaging 5.45%.

May 2026: 5.48%May 2026: 5.43%Jun 2026: 5.35%Jun 2026: 5.06%Jul 2026: 5.14%Aug 2026: 5.31%Aug 2026: 5.32%Sep 2026: 5.49%Sep 2026: 5.67%Oct 2026: 5.90%Oct 2026: 5.60%Oct 2026: 5.67% May 2026Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026–5.67%–5.60%
15 Oct 2026–5.60%–5.90%
1 Oct 2026–5.90%–5.67%
17 Sep 2026–5.67%–5.49%
3 Sep 2026–5.49%–5.32%
19 Aug 2026–5.32%–5.31%
6 Aug 2026–5.31%–5.48%
9 Jul 2026–5.14%–5.06%
25 Jun 2026–5.06%–5.35%
11 Jun 2026–5.35%–5.43%
28 May 2026–5.43%–5.48%
14 May 2026–5.48%–5.97%

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 3-Year Bond Auction?

The Hungary 3-Year Bond Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.

What was the latest Hungary 3-Year Bond Auction?

5.67%, published on 29 October 2026.

When is the next Hungary 3-Year Bond Auction?

On Thursday 12 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.