Tenders

Central bank tenders and quick tenders are one of the allocation mechanisms for central bank instruments. The MNB can apply both deposit and loan tenders (including fixed rate, variable rate and free tenders) on the basis of the Terms and conditions for money market operations.

The MNB constantly monitors, assesses and, if necessary, introduces reforms to its monetary policy instruments. From 2013, the Bank announced several instruments it had previously not used to support the Hungarian banking sector’s forint and foreign currency liquidity and strengthen banks’ lending capacity.