By Anita Komuves

BUDAPEST, Nov 28 (Reuters) - The Hungarian forint firmed slightly on Monday, adding to its gains from the previous session, as investors' concerns over negotiations between Hungary and the European Union over funds subsided.

The forint EURHUF= was up 0.21% and trading at 408.10 versus the euro. Last week, the Hungarian currency was on a rollercoaster and fell as much as 415 as the unit was weighed down by media reports that the European Commission was going to withhold funding for Budapest due to concerns over the rule of law.

"It seems like the market has calmed down a bit after negative news about EU funds last week," an FX trader in Budapest said.

A deal with the European Union on funds is required for a significant strengthening of the forint, traders and analysts have said. The currency is central Europe's worst performer so far this year and has shed almost 10%.

The European Commission is likely to approve Hungary's post-pandemic recovery plan this week to keep open the possibility of EU disbursements later, but hold back any payouts until Budapest fulfils all agreed conditions, sources at the EU executive have said. nL8N32K30C

Long-term Hungarian bond yields were unmoved on Monday, a fixed-income trader said.

The yield on the benchmark 10-year bond was about 8.05%.

In Hungary, data showed on Monday that business sentiment continued to worsen in November while consumer confidence improved slightly, with both measures remaining near dismal levels last seen during the pandemic.

Elsewhere, the Polish zloty EURPLN= was up 0.21% and trading at 4.6800 versus the common currency.

The zloty would continue to stabilize around the 4.7 level, Alior Bank wrote in a note, as it was "still benefiting from relatively favorable moods in the global markets."

Investors also eyed a flash inflation reading for November and third-quarter GDP estimates were due on Wednesday.

Stocks in the region were mixed, with Warsaw .WIG20 sliding 0.92%, while Budapest .BUX added 0.25%.

CEE

SNAPSHOT

AT

MARKETS

1055 CET

CURRENCIES

Latest

Previous Daily

Change

bid

close

change in

2022 EURCZK Czech

EURCZK=

24.3450 24.3540 +0.04% +2.16 =

crown

% EURHUF Hungary EURHUF=

408.1000 408.9500 +0.21% -9.49% =

forint

EURPLN Polish

EURPLN=

4.6800

4.6900 +0.21% -1.90% =

zloty

EURHRK Croatia EURHRK=

7.5480

7.5465 -0.02% -0.40% =

n kuna

EURRSD Serbian EURRSD=

117.2600 117.3500 +0.08% +0.27 =

dinar

%

Note:

calculated from

1800

daily

CET

change

Latest

Previous Daily

Change

close

change in

2022 .PX

Prague

.PX

1242.36 1243.260 -0.07%

0

.BUX

Budapes .BUX

45827.66 45715.33 +0.25% -9.65%

t

.WIG20 Warsaw

.WIG20

1739.47 1755.69 -0.92% -23.27

% .BETI Buchare .BETI

11550.38 11569.94 -0.17% -11.57

st

% .SBITO Ljublja .SBITOP

1064.79 1069.62 -0.45% -15.19 P

na

% .CRBEX Zagreb

.CRBEX

1911.85 1914.43 -0.13% -8.06% .BELEX Belgrad <.BELEX15

816.51

816.51 +0.00% -0.52% 15

e

>

.SOFIX Sofia

.SOFIX

594.68

595.75 -0.18% -6.45%

Yield

Yield

Spread Daily

(bid)

change

vs Bund change

in

Czech

spread

Republi

c

CZ2YT=

<CZ2YT=RR

5.6360 -0.2800 +346bp -27bps RR

2-year >

s CZ5YT=

<CZ5YT=RR

5.0720

0.0120 +307bp +2bps RR

5-year >

s CZ10YT

<CZ10YT=R

4.8510

0.0000 +289bp +1bps =RR

10-year R>

s

Poland

PL2YT=

<PL2YT=RR

7.0990 -0.0600 +492bp -5bps RR

2-year >

s PL5YT=

<PL5YT=RR

7.0930 -0.1420 +509bp -13bps RR

5-year >

s PL10YT

<PL10YT=R

6.8350 -0.0700 +488bp -6bps =RR

10-year R>

s

FORWARD

3x6

6x9

9x12

3M

interb

ank

Czech

CZKFRA <

7.08

6.76

6.39

7.25

Rep

PRIBOR=>

Hungary HUFFRA <

13.60

12.22

11.47 15.32

BUBOR=>

Poland

PLNFRA <

7.36

7.36

7.09

7.31

WIBOR=>

Note:

are for ask prices

FRA

quotes

*************************************************

*************

Additional reporting by Pawel Florkiewicz in Warsaw; Editing by Sherry Jacob-Phillips