ÁKK sells HUF 20 bln of 12-month bills, as planned

Debt

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount 12-month T-bills at auction on Thursday, in line with the original offer, news agency MTI reports.

Primary dealers bid for HUF 52.9 bln of the papers. The average yield was 0.27%, 3 basis points under the secondary market benchmark and 11 basis points lower than the yield at the previous auction of the bills two weeks earlier.

ADVERTISEMENT

Industries lose billions on counterfeit products Analysis

Industries lose billions on counterfeit products

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.