ÁKK sells HUF 50 bln of three-month T-bills, over plan
Hungaryʼs Government Debt Management Agency ( ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, raising its original offer by HUF 10 bln on strong demand, Hungarian news agency MTI reported.
Primary dealers bid for HUF 91.9 bln of the securities.
Average yield was 0.80%, level with the secondary market benchmark, which matures about two months later, and 2 bps under the yield at the previous auction of the bills one week earlier.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.