ÁKK cuts offer on weak demand at "liquidity" bill auction

Debt

The Government Debt Management Agency (ÁKK) cut its offer on weak demand at an auction of eight-week "liquidity" T-bills on Monday.

ÁKK sold HUF 45 billion of the bills, HUF 5 billion less than planned. Primary dealers submitted bids for HUF 59.7 billion.
Average yield at the auction was 6.36%, 20bp over the three-month secondary market benchmark but 5bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 6.24% and 6.41%.

ADVERTISEMENT

Nearly 18% of Polish firms plan investments in next 3 months... Analysis

Nearly 18% of Polish firms plan investments in next 3 months...

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.