The ÁKK sold HUF 18 bln of three-year bonds, in line with the original offer. Primary dealers bid for HUF 61.3 bln of the papers. The average yield was 1.40%, 1 bps under the secondary market benchmark but 7 bps over the yield at the previous auction of the bonds two weeks earlier.
The ÁKK sold HUF 22.5 bln of five-year bonds, raising its original offer by HUF 7.5 bln after bids came to HUF 78.2 bln. The average yield was 2.09%, 3 bps under the benchmark and 1 bps lower than at the auction two weeks earlier.
The ÁKK sold HUF 10 bln of 15-year bonds, as planned. Bids reached HUF 20.5 bln. The average yield was 3.96%, 2 bps over the benchmark and 67 bps higher than the yield at the previous auction of the bonds in October of last year.
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