Demand strong, yields fall at twelve-month T-bill auction
Demand was strong and yields fell at an auction of twelve-month discount T-bills by the government debt management agency AKK
Government debt management agency AKK sold HUF 50 billion of the bills, the announced amounts. Primary dealers bid for HUF 187.9 billion.
The only yield at the auction was 5.69%, 23 basis points under the secondary market benchmark, which matures about two months before the bill, and 35 basis points lower than the yield at the previous auction of the bills two weeks earlier.
ADVERTISEMENT
Municipality of Tata Inaugurates HUF 400 mln Business Incuba...
Borsodi Friss Receives Revamped Look
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.
