ÁKK sold HUF 20 bln of 2029/A bonds for 2022/A bonds, in line with its original offer. Bids reached HUF 28.14 bln.
The agency also sold HUF 26 bln of 2029/A bonds for 2022/B bonds, raising its original offer by HUF 6 bln. Bids reached HUF 36.33 bln.
The 2029/A bonds sold at an average yield of 2.21% and 2.22%, respectively, and the average yield of the 2022/A bond was 0.65% and the 2022/B bondʼs average yield was 1.14%.
The secondary market three-year benchmark yield, on 2023/C bonds, was 1.36%, the 10-year benchmark, on 2031/A bonds, was 2.31%.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
