Auction of twelve-month T-bills unsuccessful
The Government Debt Management Agency (ÁKK) made no sales at an auction of twelve-month T-bills and floating-rate bonds on low demand on Thursday.
ÁKK had offered HUF 40bn of twelve-month discount T-bills, but sold none after primary dealers submitted bids for just HUF 22.8bn.
ÁKK sold HUF 5bn of 2015/B floating-rate bonds, the announced amount. Dealers bid for HUF 7.2bn of the bonds.
ADVERTISEMENT
MNB Int'l Reserves Rise EUR 579 mln in November
Gov't to Launch HUF 20 bln Workers Hostel Program
Retail Sales Fall 6.5% y.o.y. in October
Heineken Balaton Sound Announces 1st Phase Lineup
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.
