ÁKK sold HUF 15 bln of three-year bonds, raising its original offer by HUF 5 bln after primary dealers bid for HUF 40.8 bln of the securities. Average yield was 7.2%, 7 bp under the secondary market benchmark yield, but 41 bp over the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 15 bln of five-year bonds, HUF 5 bln over the plan. Bid came to HUF 40.6 bln. Average yield was 7.15%, 7 bp under the benchmark, but 38 bp over the yield at the auction two weeks earlier.
ÁKK sold HUF 20 bln of 10-year bonds, double the plan. Bids reached HUF 49.6 bln. Average yield was 7.07%, 8 bp under the benchmark, but 27 bp over the yield two weeks earlier.
The agency sold a further HUF 2.6 bln of the three-year, HUF 3.6 bln of the five-year, and HUF 4.1 bln of the 10-year bonds at a non-competitive tender after the auction.
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