ÁKK sells HUF 86 bln of securities at auction

Debt

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.

ADVERTISEMENT

Astrasun Solar, Műszertechnika-Holding, IK Metál Ink Partner... Green Energy

Astrasun Solar, Műszertechnika-Holding, IK Metál Ink Partner...

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

1/5 of Young People Have No Income HR

1/5 of Young People Have No Income

Hungary's Largest Hotel, Danubius Hotel Hungaria, to Reopen Hotels

Hungary's Largest Hotel, Danubius Hotel Hungaria, to Reopen

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.