Studies, professional articles and background materials
Book of studies of the Magyar Nemzeti Bank on the first year of the green monetary policy toolkit strategy
Barnabás Virág – Péter Pál Kolozsi: Current abundance of liquidity might melt away papidly
The first two years of the Self-financing Programme
Kolozsi, Pál Péter and Hoffmann, Mihály: Reduction of External Vulnerability with Monetary Policy Tools. (Public Finance Quarterly, 2016/1)
The Magyar Nemzeti Bank’s self-financing programme (April 2014 – March 2015)
Márton Nagy- Dániel Palotai: The MNB further reduces Hungary’s vulnerability by reforming its policy intruments
Csávás, Csaba and Rezső Szabó: Determinants of Hungarian forint FX swap spreads after the Lehman crisis
Banks can contribute to Hungary’s self-financing through government security purchases - Background material
Occasional Papers
OP 107. Zalán Kocsis–Csaba Csávás–István Mák–György Pulai: Interest rate derivative markets in Hungary between 2009 and 2012 in light of the K14 dataset
Krekó, J.-Balogh, Cs.-Lehmann, K.-Mátrai, R.-Pulai, Gy.-Vonnák, B.: International experiences and domestic opportunities of applying unconventional monetary policy tools (Occassional Papers - 100/2012)
Páles, Judit - Kuti, Zsolt - Csávás, Csaba: The role of currency swaps in the domestic banking system and the functioning of the swap market during the crisis (Occasional Papers - 90/2011)
Csávás, Cs.-Varga, L.-Balogh, Cs.: The forint interest rate swap market and the main drivers of swap spreads (Occassional Papers - 64/2008)
Erhart, Szilárd: Driving factors behind O/N interbank interest rates - the Hungarian experiences (Occasional Papers - 34/2005)
Balogh, Cs.-Gábriel,P.: The Interbank Money Market - Past and Future Trends (Occasional Papers - 28/2003)
Gereben, Áron: Liquidity of the Hungarian interbank money market (Occasional Papers 20/1999)
László, Flóra: Payment systems and monetary policy in Hungary (Occasional Papers - 18/1999)
MNB Bulletin
Fábián, Gergely and Róbert Mátrai: Unconventional central bank instruments in Hungary (MNB Bulletin June 2012)
Pulai, György and Zoltán Reppa: The design and implementation of the MNB’s euro sale programme introduced in relation to early repayments (MNB Bulletin June 2012)
Erhart, Szilárd and András Kollarik: The launch of HUFONIA and the related international experience of overnight indexed swap (OIS) markets (MNB Bulletin April 2011)
Molnár, Zoltán: About the interbank HUF liquidity - what does the MNB’s new liquidity forecast show? (MNB Bulletin December 2010)
Varga, Lóránt: Introducing optional reserve ratios in Hungary (MNB Bulletin October 2010)
Balogh, Csaba: The role of MNB bills in domestic financial markets. What is the connection between the large volume of MNB bills, bank lending and demand in the government securities markets? (MNB Bulletin October 2009)
Delikát, Anna: Role of financial markets in monetary policy (MNB Bulletin November 2007)
Komáromi, András: The effect of the monetary base on money supply – Does the quantity of central bank money carry any information? (MNB Bulletin June 2007)