ÁKK sells HUF 86 bln of securities at auction
The Government Debt Management Agency (ÁKK) sold HUF 86 billion of securities at auction on Thursday, HUF 16 bln more than planned, according to a report by state news wire MTI.
ÁKK sold HUF 30 bln of discount 12-month T-bills, in line with the original offer. Primary dealers bid for HUF 88.7 bln of the securities. The average yield was 4.78%, 22 bp over the secondary market benchmark and 23 bp higher than the yield at the previous auction of the bills two weeks earlier.
The agency sold HUF 34.5 bln of seven-year floating-rate bonds, raising its original offer by HUF 9.5 bln after bids reached HUF 84 bln.
ÁKK sold HUF 21.5 bln of 10-year green bonds HUF 6.5 bln more than planned. Bids came to HUF 55.2 bln. The average yield was 4.79%, 5 bp over the yield at the debut auction of the bonds one month earlier.
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