Primary dealers bid for HUF 65 bln of the papers which expire on September 14. Demand halved from an unusually high HUF 131.9 bln one week earlier.
Average yield was 0.90%, 3 bps over the secondary market benchmark, calculated on a bill expiring two weeks later, and 1bp over the yield at the previous auction of the bills one week earlier.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
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