Retail government securities stock climbs HUF 175 bln in May

Outstanding stock of Hungarian government securities targeted at retail investors rose by HUF 174.7 billion in May, the Hungarian Government Debt Management Agency (ÁKK) said today, according to Hungarian news agency MTI.
Total stock of retail securities reached HUF 4.425 trillion at the end of May, up HUF 907.2 bln from the start of the year.
Including stock of euro-denominated bonds, retail securities stock stood at HUF 4.712 tln.
Stock of interest-bearing T-bills rose by HUF 116.3 bln to HUF 2.287 tln in May.
Net sales of six-month T-bills reached more than HUF 60 bln during the month, raising the total stock to HUF 353.2 bln.
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