ÁKK Sells HUF 73.5 bln of Securities at Auction, Over Plan

Figures

The Government Debt Management Agency (ÁKK) sold HUF 73.5 billion of securities at auction on Thursday, HUF 28.5 bln more than planned, according to a report by state news wire MTI.

ÁKK sold HUF 41.5 bln of discount 12-month T-bills, a multiple of the HUF 15 bln original offer. Primary dealers bid for HUF 95 bln of the bills. The average yield was 14.69%, 14 bp over the secondary market benchmark yield and 13 bp higher than the yield at the previous auction of the bills two weeks earlier.

The agency sold HUF 7 bln of three-year bonds, more than halving the original HUF 15 bln offer after bids reached just HUF 14.6 bln. The average yield was 10.66%, 13 bp under the benchmark but 32 bp over the yield at the previous auction of three-year bonds one week earlier.

ÁKK sold HUF 25 bln of 20-year bonds, HUF 10 bln over the plan. Bids came to HUF 38 bln. The average yield was 8.02%, 2 bp under the benchmark but 87 bp over the yield at the previous auction of the bonds late in January.

Croatia GDP Growth Slows Down in Q1 Analysis

Croatia GDP Growth Slows Down in Q1

Polish Unemployment Falls in April World

Polish Unemployment Falls in April

Falling Revenue, Narrower Margins Put Rába in Red Automotive

Falling Revenue, Narrower Margins Put Rába in Red

Tourism Nights Spent in Hungary Down Slightly in April Tourism

Tourism Nights Spent in Hungary Down Slightly in April

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.