ÁKK sold HUF 30 bln of three-year bonds, HUF 10 bln more than planned. Primary dealers bid for HUF 67.5 bln of the papers. Average yield was 3.14%, 2bp under the secondary market benchmark and 10bp lower than the yield at the previous auction of the bonds two weeks earlier. Yields ranged between 3.11% and 3.16%.
ÁKK sold HUF 20 bln of five-year bonds, in line with the offer. Bids came to HUF 24.9 bln. Average yield was 3.77%, 11bp over the benchmark, which matures earlier, and 21bp higher than the yield two weeks earlier. Yields ranged between 3.69% and 3.81%.
ÁKK sold HUF 15 bln of ten-year bonds, as planned. Bids reached HUF 22.8 bln. Average yield was 4.65%, 4bp under the benchmark but 23bp over the yield at the previous bond auction. Yields ranged between 4.62% and 4.67%.
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