The ÁKK sold HUF 27.0 bln of three-year bonds, HUF 9 bln more than planned. Primary dealers bid for HUF 110.1 bln of the papers. The average yield was 1.36%, 1 bps under the secondary market benchmark, but 14 bps over the yield at the previous auction of the bonds two weeks earlier.
The ÁKK sold HUF 22.5 bln of five-year bonds, HUF 7.5 bln over the original offer. Bids came to HUF 58.6 bln. The average yield was 1.92%, 1 bps under the benchmark, but 13 bps over the yield two weeks earlier.
The ÁKK sold HUF 15 bln of ten-year bonds, HUF 5 bln more than planned. Bids reached HUF 21.7 bln. The average yield was 3.29%, level with the secondary market benchmark, but 17 bps over the yield at the previous auction of the bonds on August 18.
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