Primary dealers bid for HUF 35.7 bln of the papers expiring on July 26, down from HUF 56.3 bln at the previous weekly auction.
The average yield was 0.04%, unchanged since the April 4 auction and 2 bps under the secondary market benchmark calculated on a bill expiring one week earlier.
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.
