Primary dealers bid for HUF 42.8 bln of the papers expiring on June 8. Oversubscription fell slightly further from HUF 45.4 bln at the previous auction held on February 23.
Average yield was 1.12%, 18 bps over the secondary market benchmark, calculated on the same series, and 6 bps over the yield at the previous auction.
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.
