ÁKK sold HUF 28.5 bln of five-year bonds, raising its original offer by HUF 8.5 bln after primary dealers bid for HUF 42.6 bln of the securities. The average yield was 7.18%, 6 bp under the secondary market benchmark, and 22 bp lower than the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 35.5 bln of 10-year bonds, more than double the HUF 15 bln announced offer. Bids reached HUF 80 bln. The average yield was 7.12%, 6 bp under the benchmark, and 21 bp lower than the yield at the bond auction two weeks earlier.
ÁKK sold HUF 10 bln of 15-year bonds, in line with the original offer. Bids came to HUF 19.7 bln. Average yield was 7.01%, 5 bp under the benchmark and 2 bp lower than the yield at the previous auction of the bonds four weeks earlier.
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