BUBOR

BUBOR, short for Budapest Interbank Offered Rate, represents the benchmark interest rate at which major Hungarian banks lend funds to one another. It serves as a key indicator for short-term interest rates in Hungary, reflecting the cost of interbank lending. BUBOR rates are crucial for various financial products, including mortgages, loans, and savings accounts, as they directly influence the rates offered to consumers.

These rates are updated each business day by the HNB and published at around 11:00 CET.