The ÁKK sold HUF 25.0 bln of three-year bonds at the auction, raising its original offer by HUF 5 bln after primary dealers bid for HUF 34.20 bln of the papers. The average yield was 1.74%, 1 basis point over the secondary market benchmark and 18 bps over the yield at the previous auction of the bonds.
The ÁKK also sold HUF 14.0 bln of five-year bonds, HUF 6 bln under the planned amount. Bids came to HUF 16.0 bln, while the average yield was 2.95%, 3 bps over the benchmark and 18 bps over the yield at the auction two weeks earlier.
Finally, the ÁKK sold HUF 22.5 bln of ten-year bonds, HUF 7.5 bln over the original offer. Dealersʼ bids came to HUF 38.52 bln. The average yield was 3.49%, 3 bps over the benchmark and 20 bps higher than the yield at the previous auction of the securities.
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