ADVERTISEMENT

ÁKK sells HUF 70 bln of three-month T-bills, over plan

Debt

pixabay

The Government Debt Management Agency (ÁKK) sold HUF 70.0 billion of discount three-month T-bills at auction on Tuesday, raising its original offer by HUF 20.0 bln on strong demand from primary dealers.   

Bids for the papers came to HUF 93.3 bln, state news wire MTI reported.

The average yield was 0.11%, 3 basis points over the secondary market benchmark and 4 bps higher than the yield at the previous auction of the securities one week earlier.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.