AKK announces bond offers for Thursday auction

Debt

The Government Debt Management Agency (AKK) on Monday announced offers for a bond auction to be held on Thursday, in line with a newly adopted practice.

AKK will offer HUF 15bn of three-year bonds, HUF 10bn of five-year bonds and HUF 8bn of ten-year bonds at the auction.

AKK said on Thursday it would announce offers for 12-month discount T-bills and bonds only three workdays ahead in the future, that is on the Monday of the week of the auction rather than on Thursday afternoon of the previous week.

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