ÁKK sold HUF 45 bln of five-year bonds, raising its original offer by HUF 15 bln after primary dealers bid for HUF 122.2 bln of the securities. The average yield was 1.68%, 4 bp under the secondary market benchmark and 5 bp lower than the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 25 bln of 10-year bonds, as planned. Bids came to HUF 41.2 bln. The average yield was 2.77%, 1 bp over the benchmark and 8 bp higher than the yield two weeks earlier.
ÁKK sold HUF 12.5 bln of 15-year bonds, cutting its original offer by HUF 2.5 bln after bids reached just HUF 18.8 bln. The average yield was 3.19%, 1 bp over the benchmark and 19 bp higher than the yield at the previous auction of the bonds on March 25.
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