ÁKK sells HUF 15 bln of three-month bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, Hungarian news agency MTI reported.
Primary dealers bid for HUF 27.7 bln of the securities.
The average yield was 0.00%, 8 basis points under the yield on the secondary market benchmark, which matures about three weeks later, but 1 bp over the yield at the previous auction of the bills 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.