Announcements

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      Instrument data
      Issuer
      Senority
      Unsecured
      Currency
      HUF
      ISIN
      HU0000402946
      Coupon percent
      3.21%
      Coupon type
      Floating: Floating
      Instrument volume
      127,867,173
      Maturity date
      26/08/2024
      -
      BBB Outlook: Stable
      BBB Outlook: Stable
      Latest change
      Affirmed
      26/01/2024
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Jakob Suwalski Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Hungary's credit ratings at BBB with Stable Outlook

      26/1/2024 Rating announcement EN

      Scope affirms Hungary's credit ratings at BBB with Stable Outlook

      The ratings are supported by a robust track record of economic growth driven by substantial investments. Weak governance metrics and high public debt are credit constraints.

      Scope downgrades Hungary's credit ratings to BBB; Outlook revised to Stable.

      24/2/2023 Rating announcement EN

      Scope downgrades Hungary's credit ratings to BBB; Outlook revised to Stable.

      Deteriorating economic prospects amid weaker policy predictability and governance challenges drive the downgrade. High investment and a resilient debt profile against external shocks are key credit strengths.

      Scope affirms Hungary's BBB+ ratings; Outlook revised to Negative

      5/9/2022 Rating announcement EN

      Scope affirms Hungary's BBB+ ratings; Outlook revised to Negative

      A weakening growth outlook due to external risks and ongoing institutional challenges drive the Outlook revision. High investment and a resilient debt profile against external shocks support the rating.

      Scope affirms Hungary's credit rating at BBB+ with a Stable Outlook

      10/12/2021 Rating announcement EN

      Scope affirms Hungary's credit rating at BBB+ with a Stable Outlook

      The ratings are supported by robust growth, high investment and increased resilience against external shocks. High public debt, long-term risks to competitiveness and political headwinds with the EU are challenges.

      Scope upgrades Hungary’s credit rating to BBB+ from BBB, with a Stable Outlook

      18/10/2019 Rating announcement EN

      Scope upgrades Hungary’s credit rating to BBB+ from BBB, with a Stable Outlook

      Sustained public debt reduction, increasing resilience against external shocks, and strong investment drive the upgrade. High public debt, competitiveness issues, and uncertainties in the regulatory environment remain constraints.

      Scope affirms Hungary’s credit rating of BBB, changes Outlook to Positive

      23/2/2018 Rating announcement EN

      Scope affirms Hungary’s credit rating of BBB, changes Outlook to Positive

      Robust economic performance, reduced external imbalances, fiscal consolidation and an improving debt structure underpin the Positive Outlook; high public debt, poor non-price competitiveness and weakening institutional credibility remain constraints.

      Scope upgrades Hungary’s newly published credit rating to BBB from BB+ and changes Outlook to Stable

      1/9/2017 Rating announcement EN

      Scope upgrades Hungary’s newly published credit rating to BBB from BB+ and changes Outlook to Stable

      Robust economic performance, reduced external imbalances, a commitment to fiscal consolidation and improving debt structure support the rating; high public debt, poor non-price competitiveness and weakening institutional credibility remain constraints.

      Date Title