ÁKK sells less than planned short-term bonds, more long ones at auction

Debt

The Government Debt Management Agency (ÁKK) cut its sale of three-year bonds, sold the announced volume of five-year bonds and raised its offer of 10-year bonds at a bond auction on Thursday, Hungarian news agency MTI reported today.

The overall volume sold was HUF 54.5 bln, up HUF 1.5 bln from the original offer. Yields fell.

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