ÁKK sells HUF 35 bln of bonds at auction, as planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 35 billion of bonds at auction on Thursday, in line with the original offer, state news wire MTI reports.
ÁKK sold HUF 15.0 bln of five-year bonds. Primary dealers bid for HUF 75.4 bln of the securities. The average yield was 1.09%, 9 bp over the secondary market benchmark that matures a little more than one year earlier, but 6 bp under the yield at the previous auction of the bonds two weeks earlier.
ÁKK sold HUF 10 bln of ten-year bonds. Bids came to HUF 30.5 bln. Average yield was 1.86%, 8 bp under the benchmark and 7 bp lower than the yield at the auction two weeks earlier.
ÁKK sold HUF 10 bln of 15-year bonds. Bids reached HUF 38.5 bln. Average yield was 2.69%, 3 bp under the benchmark but 12 bp over the yield at the previous auction of the bonds on October 10.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
