The ÁKK sold HUF 15 bln of three-year bonds, in line with its original offer as primary dealers bid to buy HUF 29.50 bln of the securities. The average yield was 0.82%, the same as the secondary market benchmark, but 3 bps lower than the yield at the previous auction of the bonds.
The ÁKK also sold HUF 22.5 bln of five-year bonds, raising its original offer by HUF 7.5 bln, after dealers bid to buy HUF 57.40 bln. The average yield was 1.80%, 5 bps under the secondary market benchmark and 1 bp higher than the yield at the previous auction of the bonds.
In addition, the ÁKK sold HUF 10 bln of fifteen-year bonds, in line with its original offer. Bids came to HUF 16.25 bln. The average yield was 3.66%, 3 bps under the benchmark, but 4 bps higher than the yield at the previous auction.
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