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.
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