ÁKK sells HUF 26.0 bln of securities, as planned

Debt

The Government Debt Management Agency (ÁKK) sold a combined HUF 26.0 billion of securities at auction on Thursday, as planned, Hungarian news agency MTI reported.

The ÁKK sold HUF 20.0 bln of discount 12-month T-bills, in line with its original offer. Primary dealers bid for HUF 68.4 bln of the securities expiring on June 24, 2020. The average yield was 0.15%, 3 basis points under both the secondary market benchmark and the average yield at the previous auction of the bills two weeks earlier.

The ÁKK also sold HUF 6.0 bln of three-year floating rate bonds, as planned. The average price rose 0.1 of a percentage point from the July 11 auction, to 98.28%.

ADVERTISEMENT

Business confidence improves as consumer sentiment worsens Analysis

Business confidence improves as consumer sentiment worsens

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.