ÁKK sold HUF 12.5 bln of discount twelve-month T-bills, HUF 7.5 bln under the plan. Primary dealers bid for just HUF 16.9 bln of the papers.
Average yield was 1.06%, 4bp under the secondary market benchmark, but 7bp over the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 4 bln of three-year floating-rate bonds, half of the original offer. Bids reached HUF 13.3 bln.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
