ÁKK sold HUF 22.5 bln of five-year bonds, raising its original offer by HUF 7.5 bln after primary dealers bid for HUF 45.6 bln of the securities. The average yield was 2.91%, 4 bp under the secondary market benchmark but 38 bp over the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 21 bln of 10-year bonds, HUF 6 bln more than planned. Bids reached HUF 43 bln. The average yield was 3.5%, 3 bp under the benchmark and 45 bp higher than the yield at the auction two weeks earlier.
ÁKK sold HUF 15 bln of 20-year bonds, HUF 5 bln over the plan. Bids came to HUF 31 bln. The average yield was 3.99%, 5 bp under the benchmark and 43 bp over the yield at the previous auction of the bonds four weeks earlier.
The agency sold an additional HUF 6.3 bln of the five-year, HUF 5.8 bln of the 10-year, and HUF 3 bln of the 20-year bonds at a non-competitive tender after the auction.
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