Bloomberg News

Hungary’s Bond Yields Fall From 2 1/2 Year High as Forint Gains

January 03, 2012

Jan. 3 (Bloomberg) -- Hungary’s government bond yields retreated from yesterday’s 2 1/2 year-high and the forint appreciated for a second day.

The state’s 10-year debt gained for the first time since Dec. 23, cutting the yield 2 basis points to 10.07 percent, according to generic prices compiled by Bloomberg. Hungary’s currency advanced 0.4 percent to 312.8 per euro by 9:15 a.m. in Budapest.

To contact the editor responsible for this story: Andras Gergely at agergely@bloomberg.net


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