PDA

View Full Version : Hungarian Bond Demand Would Benefit From Rate Cut, Borbely Says - Bloomberg



NewsWhore
06-16-2009, 05:42 AM
<img alt="" height="1" width="1">
Hungarian Bond Demand Would Benefit From Rate Cut, Borbely Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaHPYg43X4nPM&cid=0&ei=5l03SunROZCCNK-x9III&usg=AFQjCNERfB347KAnzPn_9-SJbDcai4sBBA)
Bloomberg
The Magyar Nemzeti Bank has kept its key rate at 9.5 percent, the EU&#39;s highest, since January, saying lower borrowing costs would hurt the country&#39;s currency and threaten financial stability. Rate cuts tend to boost demand for bonds, bringing down ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaHPYg43X4nPM&cid=0&ei=5l03SunROZCCNK-x9III&usg=AFQjCNERfB347KAnzPn_9-SJbDcai4sBBA)