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Silence Before the Tsunami in Retail Government Securities
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Last week, Hungarians bought 37 billion forints of retail government securities, according to the State Debt Management Center, the lowest volume this year and a further 7% decrease compared to the previous week's already relatively low level. The two largest capital inflows were, as usual, produced by the 6.5% interest-bearing FixMÁP and the BMÁP, which starts with an interest rate of over 7%. We will certainly see significantly higher sales fi…
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