The ÁKK had offered HUF 20 bln of three, five and ten-year bonds at the auction, but raised its offer for each of the terms by HUF 10 bln to sell EUR 30.0 bln of each.
Dealersʼ bids for the three-year bonds came to HUF 98.0 bln. The average yield was 0.35%, 2 basis points under the secondary market benchmark and 5 bps lower than the yield at the previous auction of the bonds two weeks earlier.
Bids for the five-year bonds reached HUF 71.3 bln, with an average yield of 1.15%, 23 bps over the secondary market benchmark, which matures more than one year earlier, and 18 bps higher than the yield at the previous auction, when the five-year bond offered was the secondary market benchmark.
Bids for the ten-year bonds amounted to HUF 66.9 bln. The average yield was 1.93%, 3 bps under both the benchmark and the yield at the auction two weeks earlier.
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