ADVERTISEMENT

ÁKK sells HUF 15 bln of three-month T-bills, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 15 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, state news wire MTI reported.

The average yield was 0.00%, a record low average for any Hungarian government security. The minimum yield on the three-month bills was also 0.00%.

The average yield was 5 bps under the yield on the secondary market benchmark which matures on December 20, almost one month later than the auctioned security.

Primary dealers bid for HUF 26.0 bln of the papers.

The minimum yield on the three-month T-bills fell as low as -0.01% at two auctions this year, in March and August.

HuPRA's Report Highlights Crisis Comms Trends in 2023 Analysis

HuPRA's Report Highlights Crisis Comms Trends in 2023

Informal EU Foreign Ministers Meeting Moved from Budapest to... EU

Informal EU Foreign Ministers Meeting Moved from Budapest to...

Bumchun Plows EUR 21 bln Into Expansion in Hungary Automotive

Bumchun Plows EUR 21 bln Into Expansion in Hungary

CATL Debrecen Becomes Sponsor of Campus Festival In Hungary

CATL Debrecen Becomes Sponsor of Campus Festival

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.