The ÁKK said it has been offering Interest-Bearing Treasury Bills and Premium and Bónusz Hungarian State Bonds, government securities specifically designed for sale to private individuals, to not-for-profit organizations, like foundations too.
The stock held by private individuals rose HUF 33 bln in August, and all the increase was in 3-6 year bonds, ÁKK said. Raising the Hungarian general public’s share in budget financing is one of the aims of the debt manager, which also aims at lengthening the maturity of the stock held by private individuals. The August rise in the stock followed a mere HUF 11.5 bln rise in July after a HUF 80 bln increase in June.
The stock of retail government-bonds stood at HUF 2.324 trillion in September. ÁKK said that stock of individual retail government-bonds stood as follows at the end of September: HUF 1.116 trillion in Interest-Bearing Treasury Bills; a combined HUF 822.1 bln in Premium and Bonusz Hungarian State Bonds; a combined HUF 349.2 bln in Treasury Savings Bills and Treasury Savings Bills Plusz; HUF 29.2 bln in Six-Month Treasury Bills; and HUF 7.3 bln in Baby Bonds.