ÁKK sells HUF 27.5 bln of securities at auction, under plan

Debt

The Government Debt Management Agency (ÁKK) sold a combined HUF 27.5 billion of securities at auction on Thursday, HUF 3.5 bln less than planned, state news wire MTI reported.

The ÁKK sold HUF 21.5 bln of discount 12-month T-bills, cutting its original offer by HUF 3.5 bln. Primary dealers bid for HUF 33.1 bln of the securities. The average yield was 0.21%, 1 basis point over the secondary market benchmark as well as the yield at the previous auction of the bills two weeks earlier.

The ÁKK also sold HUF 6.0 bln of five-year floating rate bonds, in line with the original offer. Bids for the bonds came to HUF 15.3 bln.

MET Group Records 2nd Most Profitable Year in 2023 Energy Trade

MET Group Records 2nd Most Profitable Year in 2023

Gov't Considering Fuel Price Intervention Government

Gov't Considering Fuel Price Intervention

Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Pl... Manufacturing

Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Pl...

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

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.