{"id":7669,"date":"2026-02-26T08:52:08","date_gmt":"2026-02-26T08:52:08","guid":{"rendered":"https:\/\/www.europesays.com\/hu\/7669\/"},"modified":"2026-02-26T08:52:08","modified_gmt":"2026-02-26T08:52:08","slug":"kozel-400-milliard-forintnyi-dollaralapu-hitelt-vett-fel-a-magyar-allam","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/hu\/7669\/","title":{"rendered":"K\u00f6zel 400 milli\u00e1rd forintnyi doll\u00e1ralap\u00fa hitelt vett fel a magyar \u00e1llam"},"content":{"rendered":"<p>A magyar \u00e1llam az \u00c1llamad\u00f3ss\u00e1g Kezel\u0151 K\u00f6zponton (\u00c1KK) kereszt\u00fcl \u00fajabb jelent\u0151s hitelt vett fel, \u00f6sszesen 1,2 milli\u00e1rd doll\u00e1r, azaz 383,4 milli\u00e1rd forint \u00e9rt\u00e9kben \u2013 <a href=\"https:\/\/www.portfolio.hu\/befektetes\/20260225\/szep-csendben-felvett-12-milliard-dollarnyi-devizaadossagot-a-magyar-allam-820386\" target=\"_blank\" rel=\"nofollow noopener\">\u00edrja a Portfolio<\/a> a Bloombergre hivatkozva. Az eredetileg 1 milli\u00e1rd doll\u00e1r \u00e9rt\u00e9kben kibocs\u00e1tott 10 \u00e9ves k\u00f6tv\u00e9ny keret\u00e9t most megemelt\u00e9k \u00e9s 1,2 milli\u00e1rd doll\u00e1rnyit \u00e9rt\u00e9kes\u00edtettek bel\u0151le, \u00edgy az \u00f6sszes forgalomban l\u00e9v\u0151 \u00e1llom\u00e1ny 2,2 milli\u00e1rd doll\u00e1rra n\u0151tt (k\u00f6r\u00fclbel\u00fcl 700 milli\u00e1rd forintra).<\/p>\n<p>A tranzakci\u00f3r\u00f3l hivatalosan nem kommunik\u00e1lt az \u00c1KK, az z\u00e1rtk\u00f6r\u0171en zajlott, nem a ny\u00edlt piacon hirdett\u00e9k meg. Ennek az a l\u00e9nyege, hogy ilyen esetben az eredeti tranzakci\u00f3 sor\u00e1n v\u00e1s\u00e1rl\u00f3k n\u00f6velhetik az \u00e1llom\u00e1nyukat, mivel az \u00c1KK z\u00e1rt k\u00f6rben aj\u00e1nlja fel nekik a pap\u00edrokat.<\/p>\n<p>A Portfolio szerint ennek amerikai jogszab\u00e1lyok lehetnek a h\u00e1tter\u00e9ben, z\u00e1rt kibocs\u00e1t\u00e1s eset\u00e9n a kibocs\u00e1t\u00f3 \u00e1ltal\u00e1ban n\u00e9h\u00e1ny napig nem jelentheti be hivatalosan a kibocs\u00e1t\u00e1st, am\u00edg a p\u00e9nz\u00fcgyi teljes\u00edt\u00e9s nem t\u00f6rt\u00e9nik meg. \u00cdgy err\u0151l v\u00e1rhat\u00f3an a k\u00f6vetkez\u0151 napokban fognak kommunik\u00e1lni a hivatalos csatorn\u00e1kon.<\/p>\n<p>Az \u00c1KK <a href=\"https:\/\/telex.hu\/gazdasag\/2025\/06\/24\/nagy-marton-allamadossag-hitelfelvetel-dollar-kotvenykibocsatas\" rel=\"nofollow noopener\" target=\"_blank\">m\u00e9g tavaly j\u00faniusban bocs\u00e1tott ki<\/a> 5, 10 \u00e9s 30 \u00e9ves doll\u00e1rk\u00f6tv\u00e9nyeket \u00f6sszesen 4 milli\u00e1rd doll\u00e1r \u00e9rt\u00e9kben. A 2035-ben lej\u00e1r\u00f3 doll\u00e1rk\u00f6tv\u00e9ny eredeti kamatoz\u00e1sa 6 sz\u00e1zal\u00e9k volt, a Portfolio szerint a mostani r\u00e1bocs\u00e1t\u00e1s feltehet\u0151en enn\u00e9l alacsonyabb hozam mellett t\u00f6rt\u00e9nt.<\/p>\n<p>Az \u00c1llamad\u00f3ss\u00e1g-kezel\u0151 K\u00f6zpont tavaly \u00e9v v\u00e9g\u00e9n <a href=\"https:\/\/telex.hu\/gazdasag\/2025\/12\/10\/netto-finanszirozasi-igeny-kibocsatas-2026-koltsegvetes-akk-uj-hitelek-felvetele\" rel=\"nofollow noopener\" target=\"_blank\">k\u00f6z\u00f6lte<\/a>, hogy 2026-ban nagys\u00e1grendileg 16 ezer milli\u00e1rd forint \u00e9rt\u00e9k\u0171 \u00faj hitelt tervez felvenni, mindezt \u00fagy, hogy a <a href=\"https:\/\/telex.hu\/gazdasag\/2026\/01\/16\/magyar-devizakotveny-dragan-vesz-fel-hitelt-az-allam-orszagkockazati-felar-hitelminositok-magas-kamatkiadas\" rel=\"nofollow noopener\" target=\"_blank\">GKI janu\u00e1ri elemz\u00e9se szerint<\/a> Magyarorsz\u00e1g dr\u00e1g\u00e1bban tud k\u00fclf\u00f6ldi hitelt felvenni, mint a t\u00f6bbi uni\u00f3s orsz\u00e1g, ami a vel\u00fcnk megegyez\u0151 hitelmin\u0151s\u00edt\u00e9si kateg\u00f3ri\u00e1ban szerepel.<\/p>\n<p>A 16 ezer milli\u00e1rdos \u00f6sszegb\u0151l t\u00f6bb mint t\u00edzezer milli\u00e1rd forint id\u00e9n lej\u00e1r\u00f3 hitelek visszafizet\u00e9s\u00e9re kell, 5455 milli\u00e1rd forint pedig az \u00e1llamh\u00e1ztart\u00e1s tervezett hi\u00e1ny\u00e1nak bet\u00f6mk\u00f6d\u00e9s\u00e9re. Nem sok\u00e1ig v\u00e1rt az \u00c1KK, 2026 elej\u00e9n m\u00e1ris <a href=\"https:\/\/telex.hu\/gazdasag\/2026\/01\/12\/hiany-kotveny-adossag-osztogatas-ngm-nagy-marton\" rel=\"nofollow noopener\" target=\"_blank\">3 milli\u00e1rd eur\u00f3 \u00e9rt\u00e9kben hajtott v\u00e9gre eur\u00f3k\u00f6tv\u00e9ny-kibocs\u00e1t\u00e1st,<\/a> ami ir\u00e1nt a befektet\u0151i \u00e9rdekl\u0151d\u00e9s meghaladta a 10 milli\u00e1rd eur\u00f3t.<\/p>\n","protected":false},"excerpt":{"rendered":"A magyar \u00e1llam az \u00c1llamad\u00f3ss\u00e1g Kezel\u0151 K\u00f6zponton (\u00c1KK) kereszt\u00fcl \u00fajabb jelent\u0151s hitelt vett fel, \u00f6sszesen 1,2 milli\u00e1rd doll\u00e1r,&hellip;\n","protected":false},"author":2,"featured_media":7670,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[5400,5399,5401,5403,3399,63,1526,5402,44,42,40,43,41],"class_list":{"0":"post-7669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-magyarorszag","8":"tag-akk","9":"tag-allamadossag","10":"tag-allamadossag-kezelo-kozpont","11":"tag-devizakotveny","12":"tag-dollar","13":"tag-gazdasag","14":"tag-hitel","15":"tag-hitelfelvetel","16":"tag-hu","17":"tag-hungarian","18":"tag-hungary","19":"tag-magyar","20":"tag-magyarorszag"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/posts\/7669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/comments?post=7669"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/posts\/7669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/media\/7670"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/media?parent=7669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/categories?post=7669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/hu\/wp-json\/wp\/v2\/tags?post=7669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}