ÁKK sells HUF 50 bln of securities at auction, as planned
The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of securities at auction on Thursday, in line with its original offer.
ÁKK sold HUF 40 bln of twelve-month discount T-bills, as planned. Primary dealers bid for HUF 78.4 bln of the papers. Average yield was 1.05%, 4 bp under the secondary market benchmark and 14 bp lower than the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 10 bln of three-year floating-rate bonds, as planned. Bids by primary dealers reached HUF 17.5 bln.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.