Government bond auction · Hungary

Hungary 6-Month DTB Auction

The Hungary 6-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
Moves
EURHUF# · USDHUF

Latest figures

The latest release, published on 21 October 2026, came in at 5.08%, down from 5.15% the time before.

Over the last 12 releases it ranged from 5.08% to 5.72%, averaging 5.32%; it has been falling for three releases in a row.

May 2026: 5.72%Jun 2026: 5.61%Jun 2026: 5.46%Jul 2026: 5.32%Jul 2026: 5.33%Jul 2026: 5.35%Aug 2026: 5.27%Aug 2026: 5.20%Sep 2026: 5.13%Sep 2026: 5.16%Oct 2026: 5.15%Oct 2026: 5.08% May 2026Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
21 Oct 2026–5.08%–5.15%
7 Oct 2026–5.15%–5.16%
23 Sep 2026–5.16%–5.13%
9 Sep 2026–5.13%–5.20%
26 Aug 2026–5.20%–5.27%
12 Aug 2026–5.27%–5.35%
29 Jul 2026–5.35%–5.33%
15 Jul 2026–5.33%–5.32%
1 Jul 2026–5.32%–5.46%
17 Jun 2026–5.46%–5.61%
3 Jun 2026–5.61%–5.72%
20 May 2026–5.72%–5.92%

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 6-Month DTB Auction?

The Hungary 6-Month DTB Auction is a sale of new government debt by Hungary's treasury or debt agency to investors.

What was the latest Hungary 6-Month DTB Auction?

5.08%, published on 21 October 2026.

When is the next Hungary 6-Month DTB Auction?

On Wednesday 4 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.