ÁKK sells HUF 39 bln of securities at auction, more than planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 39 bln of securities at auction today, HUF 8 bln more than planned, Hungarian news agency MTI reported.
ÁKK sold HUF 30 bln of discount twelve-month T-bills, raising its original offer by HUF 5 bln after primary dealers bid for HUF 68 bln of the securities. Average yield was 0.72%, 3 bps under the secondary market benchmark and 28 bps lower than the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 9 bln of a five-year floating-rate bond, HUF 3 bln more than planned. Bids for the bonds came to HUF 20.1 bln.
Companies Spending Less on Advertising
Gov't Calls on Fuel Companies to Adjust Prices to Regional A...
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
