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Hungary: CB kept the base rate unchanged

Mon, Jun 22 2009, 13:15 GMT
by Orsolya Nyeste

Erste Bank der oesterreichischen Sparkassen AG


CB kept the base rate unchanged (9.50%)

At its today’s rate setting meeting, the monetary council of the CB kept the base rate unchanged (9.50%), in line with expectations. The statement of the council will be released and the governor’s press conference will start at 3 pm.

Erste Bank http://global.treasury.erstebank.com | Rainer.Singer@erstebank.at

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This document is intended as an additional information source, aimed towards our customers. It is based on the best resources available to the authors at press time. The information and data sources utilised are deemed reliable, however, Erste Bank Sparkassen (CR) and affiliates do not take any responsibility for accuracy nor completeness of the information contained herein. This document is neither an offer nor an invitation to buy or sell any securities.

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