ADVERTISEMENT

ÁKK sells HUF 76 bln of bonds at auction, over plan

Debt

The Government Debt Management Agency (ÁKK) sold a combined HUF 76 billion of bonds at auction on Thursday, raising its original offer by HUF 16 bln, state news agency MTI reported.

The ÁKK sold HUF 20.0 bln of three-year bonds, in line with its original offer. Dealers bid for HUF 33.25 bln of the securities. The average yield was 1.01%, 3 basis points below the secondary market benchmark yield and 25 bps below the yield at the previous auction of the bonds two weeks earlier.

The ÁKK also sold HUF 33.5 bln of five-year bonds, raising its original offer by HUF 8.5 bln, after bids came to HUF 85.02 bln. The average yield was 1.73%, 8 bps under the benchmark and 28 bps lower than the yield two weeks earlier.

Finally, the ÁKK sold HUF 22.5 bln of 15-year bonds, HUF 7.5 bln over the plan. Bids came to HUF 66.42 bln, and the average yield was 3.64%, 2 bps over the benchmark, but 11 bps under the yield at the previous auction. 

Voluntary Pension Fund Assets Near HUF 2 tln Figures

Voluntary Pension Fund Assets Near HUF 2 tln

EC Puts Hungary 2024 GDP Growth at 2.4% EU

EC Puts Hungary 2024 GDP Growth at 2.4%

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Marcelito Pomoy to Perform in Budapest Next Week Music

Marcelito Pomoy to Perform in Budapest Next Week

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.