Primary dealers submitted bids of HUF 48.8 bln for the papers.
Average yield was 0.96%, 9 bp over the secondary market benchmark, which matures about two week later, but just 1 bp over the yield at the previous auction of the bills one week earlier.
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.
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