Operational Information
Securities trading - Hungary
Market Coverage | Hungary
Reference
Service level
CBL
Last Updated
26.03.2015
Eligible securities are dematerialised, immobilised or held in physical form but in all cases transferred via book-entry in KELER Ltd's system. Since 1 January 2005, all publicly issued securities have been dematerialised. However, according to the Civil Code effective since 15 March 2014, private limited companies may issue their shares in either physical or dematerialised form in line with their purposes. Physical transfer of securities is available upon request.
Key market-tradable securities
| Denomination currency | Maturity profile | Interest rate | Interest/Dividend payment frequency | Place of settlement | Form |
| Corporate Bonds | |||||
| HUF | 1 to 10 years | Fixed and variable | - | - | Dematerialised bearer or registered |
| Government Bonds | |||||
| HUF | 1 to 10 years | Fixed and variable | - | - | Dematerialised bearer |
| Treasury Bills | |||||
| HUF | 1 year | Discount | - | - | Dematerialised bearer |
| Equities | |||||
| HUF | Not applicable | - | - | - | Dematerialised or physical; mostly registered |
| Investment funds | |||||
| HUF | Not applicable | - | - | - | Dematerialised bearer |
