(Updates with cenbank decision, market reaction, trader comment) By Anita Komuves BUDAPEST, Nov 22 (Reuters) – The forint was little changed on Tuesday and bond yields were flat after the National Bank of Hungary ( NBH) left its base rate unchanged, as expected, as markets eyed a scheduled press briefing at 2:00 p.m. GMT. The forint was down 0.22% on the day and traded at 408.60 per euro, a little weaker than it was just after the rate announcement. The NBH left its base rate unchanged at 13%, with inflation on track to hit a 26-year high in 2023 and to exceed the bank’s policy target range of 2% to 4% even a year later. late. Long-term bond yields were not immediately changed after the central bank’s announcement, a fixed-income trader said. The yield on the 10-year benchmark bond was around 7.90%. Market participants were awaiting the central bank’s press conference at 14:00 GMT for comment on the decision and the government’s announcement that rates on commercial bank deposits will be capped, traders said. “We expect the central bank to say something about the interest rate cap as some investors are still struggling to see what is behind this decision,” said an FX trader in Budapest. The government announced on Monday that commercial banks cannot pay an interest rate higher than the yield of three-month discount bills on the deposits of some large institutional and private investors. The National Bank of Hungary announced an emergency rate hike last month and introduced a fast deposit facility with an interest rate of 18%. The yield on the three-month discount bill was around 11% on Tuesday. Yields on long-term government bonds fell about 25 basis points on Monday after the cap was announced, and were flat on Tuesday, fixed-income traders said. Elsewhere, the Polish zloty weakened 0.35% to 4.7130 per euro. ECO SNAPSH AT MARKETS OT 1435 CET CURREN CIES Last Daily Change US Supply at Close 2022 EURCZK Czech 0 0 EURHUF Hungary 00 00 EURPLN Polish EURRON Romania % EURHRK Croatia % EURRSD Serbian 00 00 % Previo Daily Change us close change in 2022 .PX Prague 1238.3 1242.7 -0.36% #VALUE! 0 200 .BUX Budapest 45325. 44592. +1.64 -10.64% t 89 ​​90% .WIG20 Warsaw <.wig20> 5 0% .BETI Bucara 11578. 11690. -0.96% -11.235% st 03 .SBITO Ljublja <.sbito p na> 2 0 .CRBEX Zagreb <.crbex> 2 6% .BELEX Belgrade <.belex e> %.SOFIX Sofia <.sofix> % Yield Yield Spread Daily (bid) change vs change Bund in Czech spread Republi c CZ2YT= ps CZ5YT= 0 ps CZ10YT 0 ps Poland PL2YT= 0 ps PL5YT= 0 ps PL10YT 0 ps FORWARD 3×6 6×9 9×12 3M interba nk Czech Hungary Poland Note : are for FRA ask quote price ************************* ********** ******** ********************** (Additional reporting by Alan Charlish in Warsaw and Jason Hovet in Prague; editing by Shounak Dasgupta and Maju Samuel)