ÁKK cuts three-year offer, ups five-year sale, yields move mixed at bond auction

Analysis

The Government Debt Management Centre (ÁKK) cut its offers for three-year bonds, raised the sale of five-year government bonds and sold the originally offered ten-year bonds at an auction today.

Three-year demand remained weak but five-year subscriptions jumped from the previous auction on June 12.

The three-year average auction yield was unchanged, the five-year average rose and the ten-year one fell sharply from two weeks earlier.

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