ÁKK sold HUF 34 bln of three-year bonds, raising its original offer by HUF 9 bln. Primary dealers bid for HUF 55.1 bln of the securities. The average yield was 9.37%, 28 bp under the secondary market benchmark yield, and 8 bp lower than the yield at the previous auction of the bonds two weeks earlier.
The agency sold HUF 35 bln of five-year bonds, HUF 15 bln more than planned. Bids reached HUF 72.4 bln. The average yield was 8.29%, 32 bp under the secondary market benchmark but 12 bp higher than the yield at the bond auction two weeks earlier.
ÁKK sold HUF 26.5 bln of 10-year bonds, HUF 11.5 bln over the plan. Bids came to HUF 58.1 bln. The average yield was 7.67%, 31 bp under the benchmark but 24 bp higher than the yield two weeks earlier.
The agency sold a further HUF 10.9 bln of the three-year, HUF 13.4 bln of the five-year, and HUF 9.8 bln of the 10-year bonds at a non-competitive tender after the auction.
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