ÁKK sells planned volume of twelve-month T-bills, raises offer for floaters
The Government Debt Management Agency (ÁKK) sold HUF 70 bln of securities at an auction on Thursday, raising its original offer of floating-rate bonds by HUF 10 bln and selling the announced amount of twelve-month discount T-bills.
ÁKK sold HUF 40 bln of discount twelve-month T-bills, the same amount as planned. Bids by primary dealers came to HUF 57.6 bln.
Average yield was 1.63%, 6bp over the secondary market benchmark but 5bp under the yield at the previous auction of the papers two weeks earlier.
ÁKK sold HUF 30 bln of a three-year floating rate bond, HUF 10 bln more than planned. Bids came to HUF 117.4 bln.
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