The ÁKK sold HUF 15 bln of three-year bonds, in line with its original offer, as primary dealers bid to buy HUF 64.45 bln of the securities. The average yield was 0.55%, 4 bps under the secondary market benchmark and 14 bps lower than the yield at the previous auction of the bonds.
The ÁKK also sold HUF 22.5 bln of five-year bonds, raising its original offer by HUF 7.5 bln, after dealers bid to buy HUF 159.61 bln of the bonds. The average yield was 1.42%, 9 bps under the secondary market benchmark and 19 bps under the yield at the previous auction of the bonds.
Finally, the ÁKK sold HUF 15 bln of ten-year bonds, raising its original offer by HUF 5 bln. Bids came to HUF 59.26 bln, with an average yield of 2.85%, 5 bps under the benchmark and 11 bps lower than the yield at the previous auction.
