ADVERTISEMENT

ÁKK sells a little less than half of plan at 3-month T-bill auction

Debt

The Government Debt Management (ÁKK) sold HUF 14.5 billion of discount three-month T-bills at auction on Tuesday, cutting its original HUF 30 billion offer by a little more than half because of poor demand, state news wire MTI reports.

Primary dealers bid for HUF 19.1 bln of the securities.

The average yield was 1.14%, 1 bp over the secondary market benchmark which matures about one month later and 8 bp higher than the yield at the previous auction of the bills one week earlier.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.