ÁKK Adds 6-Month Tenor to T-Bills
The Government Debt Management Agency (ÁKK) on Wednesday said it decided to introduce a six-month discount Treasury bill, in addition to the existing 3- and 12-month tenors, according to a report by state news wire MTI.
ÁKK noted that demand at 12-month T-bill auctions has been "volatile" recently and said it expects "more stable demand" for the new 6-month tenor.
The agency will hold the first 6-month T-bill auction on September 28. The bills will be auctioned weekly, on Wednesdays.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
120,000 Guest Workers Employed in Hungary
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
