ÁKK sold HUF 35.5 bln of five-year bonds, raising its original offer by HUF 5.5 bln after primary dealers bid for HUF 43.6 bln of the securities. The average yield was 2.03%, level with the secondary market benchmark but 2 bp under the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 21.5 bln of 10-year bonds, HUF 1.5 bln over the original offer. Bids reached HUF 33.5 bln. The average yield was 2.8, the same as the benchmark but 3 bp over the yield at the auction two weeks earlier.
ÁKK sold HUF 22.5 bln of 15-year bonds, raising its offer by HUF 7.5 bln after bids came to HUF 32.7 bln. Average yield was 3.17%, 2 bp over the benchmark and 3 bp higher than the yield at the previous auction of the bonds four weeks earlier.
The agency sold a further HUF 0.8 bln of the 15-year bonds at a non-competitive tender after the auction. No offers were made at the tender for the five- or 10-year bonds.
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