ÁKK sold HUF 25 bln of three-year bonds, raising its original offer by HUF 5 bln after primary dealers bid for HUF 41.2 bln of the securities. Average yield was 2.11%, 1bp over the secondary market benchmark but 14 bp under the yield at the previous auction of the bonds two weeks earlier. Yields ranged between 2.08% and 2.13%.
ÁKK sold HUF 25 bln of five-year bonds, also HUF 5 bln more than planned. Dealers bid for HUF 36.6 bln. Average yield was 2.47%, 6 bp over the benchmark but 15 bp under the yield two weeks earlier. Yields ranged between 2.40% and 2.50%.
ÁKK sold HUF 12 bln of ten-year bonds, cutting its original offer by HUF 3 bln after dealers’ bids came to just HUF 18.8 bln. Average yield was 2.86%, 4 bp over the benchmark but 29 bp under the yield at the previous auction. Yields ranged between 2.80% and 2.88%.
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