ÁKK sells HUF 45 bln of bonds at auction, as planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 45 bln of bonds at auction on Thursday, in line with the original offer.
ÁKK sold HUF 18 bln of three-year bonds. Primary dealers bid for HUF 43.9 bln of the papers. Average yield was 1.52%, 4 bps under the secondary market benchmark and level with the yield at the previous auction of the securities two weeks earlier.
ÁKK sold HUF 15 bln of five-year bonds. Bids reached HUF 51.2 bln. Average yield was 2.46%, 2 bps under the benchmark but 24 bps over the yield two weeks earlier.
ÁKK sold HUF 12 bln of ten-year bonds. Dealers bid for HUF 42.4 bln. Average yield was 3.57%, 6 bps under the benchmark but 14 bps over the yield two weeks earlier.
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