ÁKK sells HUF 63.5 bln of bonds, slightly over plan

Debt

The Government Debt Management Agency (ÁKK) sold a combined HUF 63.5 billion of bonds at auction on Thursday, HUF 3.5 bln more than planned, state news wire MTI reports.

The agency sold HUF 10 bln of five-year bonds, halving its original offer after dealers bid for just HUF 20.3 bln of the securities. The average yield was 1.46%, 13 bp over both the secondary market bench and the yield at the previous auction of the bonds two weeks earlier.

ÁKK sold HUF 30 bln of ten-year bonds, raising its offer by HUF 10 bln after bids reached HUF 81.3 bln. Average yield was 2.13%, 11 bp over the benchmark and 5 bp higher than the yield at the auction two weeks earlier.

ÁKK sold HUF 23.5 bln of 15-year bonds, HUF 3.5 bln more than planned. Bids came to HUF 58.3 bln. Average yield was 2.77%, 11 bp over the benchmark and 8 bp higher than the yield at the previous auction of the bonds on November 21, 2019.

Number of Thefts in Capital Edges Higher in 2023 Figures

Number of Thefts in Capital Edges Higher in 2023

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Popular Pain Meds Could Worsen Some Disease Symptoms Science

Popular Pain Meds Could Worsen Some Disease Symptoms

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.