The ÁKK sold HUF 20.0 bln of three-year bonds, in line with its original offer. Primary dealers bid for HUF 27.0 bln of the securities, and the average yield was 1.64%, 6 basis points over the secondary market benchmark, but 5 bps under the yield at the previous auction of the bonds two weeks earlier.
The ÁKK also sold HUF 30.0 bln of five-year bonds, raising its offer by HUF 10.0 bln after dealersʼ bids came to HUF 52.2 bln. The average yield was 3.04%, 7 bps over the benchmark, but 8 bps under the yield at the previous auction.
Finally, the ÁKK sold HUF 22.5 bln of ten-year bonds, HUF 7.5 bln more than planned. Bids reached HUF 41.6 bln. The average yield was 3.63%, 8 bps over the benchmark, but 11 bps lower than the yield two weeks earlier.
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