The ÁKK sold HUF 25 bln of three-year bonds, HUF 5 bln over the original offer. Primary dealers bid for HUF 67.7 bln of the securities. The average yield was 1.16%, 2 basis points below the secondary market benchmark and 6 bps under 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 more than planned, after primary dealersʼ bids came to HUF 107 bln. The average yield was 2.25%, 9 bps under both the benchmark and the yield at the auction two weeks earlier.
Finally, the ÁKK sold HUF 15 bln of 15-year bonds, raising its original offer by HUF 5 bln. Bids reached HUF 27.3 bln, and the average yield was 3.77%, 4 bps under the benchmark and 31 bps lower than the yield at the previous auction on November 22.
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