The ÁKK raised its offers for each of the three bonds at the auction by HUF 5 bln.

The ÁKK sold HUF 25 bln of three-year bonds, after primary dealers bid for HUF 37.2 bln of the papers. The average yield was 0.49%, 3 basis points over the secondary market benchmark, but 2 bps lower than the yield at the previous auction of the bonds two weeks earlier.

The ÁKK likewise sold HUF 25 bln of five-year bonds, with bids reaching HUF 40.0 bln. The average yield was 1.19%, 2 bps over the benchmark but 3 bps lower than the yield two weeks earlier.

The ÁKK also sold HUF 15 bln of ten-year bonds. Bids came to HUF 33.0 bln. The average yield was 2.46%, 1 bp over the benchmark, but 10 bps lower than the yield at the previous auction of the bills four weeks earlier.