ÁKK sells HUF 48 bln of securities at auction, as planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 48 bln of government securities at auction today, as planned, Hungarian news agency MTI reported.
ÁKK sold HUF 40 bln of discount twelve-month T-bills, in line with the original offer. Primary dealers bid for HUF 48.7 bln of the papers.
Average yield was 1.00%, 6 bps over the secondary market benchmark and 7 bps higher than the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 8 bln of five-year floating-rate bonds. Bids came to HUF 11.7 bln.
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