ÁKK sold HUF 10 bln of five-year bonds, cutting its original offer by HUF 15 bln after primary dealers bid for just HUF 18.9 bln of the securities. The average yield was 4.96%, 17 bp over the secondary market benchmark and 37 bp higher than the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 20 bln of 10-year bonds, in line with the original offer. Bids reached HUF 49.4 bln. The average yield was 4.99%, 12 bp over the benchmark and 36 bp higher than the yield two weeks earlier.
ÁKK sold HUF 5 bln of 20-year bonds, halving its original offer after bids came to HUF 9.6 bln. Average yield was 5.15%, 14 bp over the benchmark, and the yield at the previous auction of the bonds four weeks earlier.
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