The ÁKK sold HUF 26.5 bln of three-year bonds, HUF 6.5 bln over plan. Bids came to HUF 44.0 bln. The average yield was 0.87%, level with the secondary market benchmark, but 3 basis points 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, raising its offer by HUF 8.5 bln after dealers bid for HUF 75.5 bln of the papers. The average yield was 1.44%, the same as the secondary market benchmark and 2 bps over the yield two weeks earlier.
Finally, the ÁKK sold HUF 19.5 bln of ten-year bonds, HUF 4.5 bln over the original offer. Bids reached HUF 31.5 bln, and the average yield was 2.60%, 2 bps over the benchmark and 10 bps higher than the yield at the previous auction.
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