ÁKK sells HUF 22.5 bln of bonds at auction, less than planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 bln of securities at auction on Thursday, under the HUF 48 bln plan.
ÁKK sold HUF 18.5 bln of discount twelve-month T-bills, lowering its original offer by HUF 21.5 bln. Primary dealers bid for HUF 28.10 bln of the papers. Average yield was 1.03%, down by 17 bps compared to the previous action and up by 9 bps compared to the secondary market benchmark.
ÁKK also sold HUF 4 bln of five-year floating-rate bonds, HUF 4 bln less than planned. Dealers bid for HUF 8 bln of the securities.
ADVERTISEMENT
Number of Liquidations Increasing Rapidly
Varga Meets With Chinese Business Leaders
AutoWallis May Increase Planned Sales Due to Strong Performa...
Around 2,800 Events Take Place in European Capital of Cultur...
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.
