They reduced the interest rates on consumer loans, and the market immediately felt the impact – Interesting figures have emerged.
Before the July interest rate reduction for Fix Magyar Állampapír and Magyar Állampapír Plusz, investors actively purchased, after which sales of government bonds significantly decreased in the following week. Interestingly, the recent demand was still high, despite the popular bonds having an interest rate reduced by only 0.5 percentage points.
Fix Magyar Állampapír and Fix Magyar Állampapír Plus investors purchased heavily in the days before the July interest rate cut, and then sales of government bonds decreased significantly in the following week, as expected. Interestingly, even after this, the demand for government bonds was higher than in many previous periods, despite the fact that the most popular bonds were available at a lower interest rate of only 0.5 percentage points.
