ÁKK sells HUF 60 bln of securities at auction, as planned

Debt

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament in the second half of the year, Cabinet Chief János Lázár announced at a business conference today.

Average yield was 1.62%, 1 bp under the secondary market benchmark and 2 bp lower than the yield at the previous auction of the bills two weeks earlier. Yields ranged between 1.59% and 1.65%.

ÁKK sold HUF 20 bln of three-year floating rate bonds. Bids for the securities came to HUF 32.9 bln.

ADVERTISEMENT

Budapest Named 5th Best City in Europe for Bargain Lovers Analysis

Budapest Named 5th Best City in Europe for Bargain Lovers

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.