ÁKK auction sales slightly exceed plan
pexels
The Government Debt Management Agency (ÁKK) sold a combined HUF 23.0 billion of securities at auction on Thursday, HUF 2.0 bln more than planned, state news wire MTI reported.
The ÁKK sold HUF 15.0 bln of discount 12-month T-bills, in line with the original offer. Primary dealers bid for HUF 59.4 bln of the papers. The average yield was 0.04%, 1 basis point under the secondary market benchmark, and 11 bps lower than the yield at the previous auction of the bills two weeks earlier.
The ÁKK also sold HUF 8.0 bln of three-year floating rate bonds, raising its original offer by HUF 2.0 bln after dealers submitted bids for HUF 25.3 bln.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
