ADVERTISEMENT

ÁKK sells planned volume of 3-month T-bills at auction

Debt

pixabay

Hungaryʼs Government Debt Management Agency (ÁKK) sold the planned HUF 30 bln of three-month discount T-bills at auction today, according to Hungarian news agency MTI. 

Yields dropped slightly from the previous auction held one week earlier, but remained well over the secondary market. Primary dealers bid for HUF 69.5 bln of the securities, which expire on April 19.

The average yield was 0.14%, 8 bp over the secondary market benchmark, calculated on a bill expiring five weeks later, but down one basis point from the yield at the three-month bill auction on January 3.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.