ÁKK sells HUF 50 bln of three-month bills at auction, as planned
The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction on Tuesday, in line with the original offer, Hungarian news agency MTI reported today. Primary dealers submitted bids of HUF 118.1 bln.
Average yield was 1.60%, 10 bp over the secondary market benchmark, but 1 bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.57% and 1.61%.
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.