The ÁKK sold HUF 25 bln of three-year bonds, in line with its original offer. Primary dealers bid for HUF 39.04 bln of the securities. The average yield was 1.19%, level with the secondary market benchmark, but 8 basis points under the yield at the previous auction of the bonds.
The ÁKK also sold HUF 33.5 bln of five-year bonds, raising its offer by HUF 8.5 bln after dealersʼ bids came to HUF 116.43 bln. The average yield was 2.27%, 7 basis points under the benchmark, and 39 basis points under the yield at the previous auction.
Finally, the ÁKK sold HUF 30 bln of ten-year bonds, HUF 10 bln more than planned. Bids reached HUF 127.74 bln. The average yield was 2.76%, 10 basis points under the benchmark, and 39 basis points lower than the yield at the previous auction.
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