ÁKK sold HUF 30 bln of three-year bonds, raising its original offer by HUF 10 bln after primary dealers bid for HUF 65.6 bln of the papers. Average yield was 1.52%, 3 bps under the secondary market benchmark and 23 bps lower than the yield at the previous auction of the bonds two weeks earlier.
ÁKK sold HUF 30 bln of five-year bonds, also HUF 10 bln over the original offer. Bids came to HUF 85.8 bln. Average yield was 2.30%, 3 bps under the benchmark and 24 bps lower than the yield two weeks earlier.
ÁKK sold HUF 19.5 bln of ten-year bonds, HUF 4.5 bln more than planned. Bids reached HUF 37.6 bln. Average yield was 3.29%, 1 bps over the benchmark and 28 bps lower than 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.
