ÁKK raises offer on strong demand at three-month T-bill auction
The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction on Tuesday, HUF 10 bln more than planned.
ÁKK raised its original offer after primary dealers bid for HUF 126.9 bln of the papers.
Average yield was 0.70%, 2bp under the secondary market benchmark and 5bp lower than the yield at the previous auction of the securities one week earlier.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.