ÁKK sells HUF 38 bln of securities at auction, HUF 6 bln over plan
The Government Debt Management Agency (ÁKK) sold a combined HUF 38 bln of securities at auction today, HUF 6 bln more than planned.
ÁKK sold HUF 20 bln of discount twelve-month T-bills, in line with the original offer. Primary dealers bid for HUF 27 bln of the papers.
Average yield was 0.51%, 4 bps over both the secondary market benchmark and the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 18 bln of three-year floating-rate bonds, raising its original offer by HUF 6 bln after bids came to HUF 33.2 bln.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.