ÁKK sold HUF 37.5 bln of five-year bonds, raising its original offer by HUF 12.5 bln after primary dealers bid for HUF 67.3 bln of the securities. The average yield was 1.36%, 5 bp under the secondary market benchmark and 10 bp lower than the yield at the previous auction of the bonds one week earlier.
The agency sold HUF 37.5 bln of 10-year bonds, also HUF 12.5 bln over the original offer. Bids came to HUF 82.3 bln. The average yield was 2.26%, 10 blp under the benchmark and 18 blp lower than the yield at the auction a week earlier.
ÁKK sold HUF 22.5 bln of 15-year bonds, HUF 7.5 bln over the plan. Bids reached HUF 38 bln. Average yield was 2.75%, 4 bp under the benchmark, but 25 bp over the yield at the previous auction of the bonds two weeks earlier.
The agency sold a further HUF 3.1 bln of the five-year, HUF 4.8 bln of the 10-year and HUF 3.9 bln of the 15-year bonds at a non-competitive tender after the auction.