The ÁKK sold HUF 32.5 bln of three-year bonds, raising its original offer by HUF 7.5 bln. Bids came to HUF 52.9 bln, and the average yield was 1.14%, 3 basis points over the secondary market benchmark and 4 bps lower than the yield at the previous auction of the bonds two weeks earlier.
The ÁKK also sold HUF 33.5 bln of five-year bonds, HUF 8.5 bln over plan, after bids reached HUF 63.9 bln. The average yield was 1.65%, 3 bps over the benchmark but 9 bps lower than the yield at the bond auction two weeks earlier.
The ÁKK also sold HUF 6 bln of fifteen-year bonds, HUF 1 bln less than planned. Dealers bid for HUF 10.80 bln of the papers. The average yield was 3.96%, 8 bps over the benchmark and 70 bps higher than at the previous auction held on March 29.
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