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