ÁKK sold HUF 37 bln of discount twelve-month T-bills, raising its original offer by HUF 17 bln after primary dealers bid for HUF 74.5 bln of the bills. The average yield was 5.66%, 6 bp over the secondary market benchmark yield and 11 bp higher than the yield at the previous auction of the bills two weeks earlier.
The agency sold HUF 34 bln of seven-year bonds, more than triple the HUF 10 bln plan. Bids came to HUF 65 bln. Average yield was 5.98%. The five-year benchmark yield stood at 5.86%.
In addition, ÁKK sold HUF 33.5 bln of seven-year floating-rate bonds, also a multiple of the HUF 10 bln plan. Bids reached HUF 55.3 bln.
ÁKK sold a further HUF 13.2 bln of the fixed-rate bond and HUF 12.1 bln of the floater at a non-competitive tender after the auction.
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