ÁKK sells HUF 22.5 bln of securities at auction, over plan
The Government Debt Management Agency (ÁKK) sold a combined HUF 22.5 billion of securities at auction on Thursday, HUF 2.5 bln more than its original offer, state news wire MTI reported.
The ÁKK sold HUF 15 bln of discount twelve-month T-bills, in line with its original offer. Primary dealers bid for HUF 26.77 bln of the papers. The average yield was 0.09%, 1 bp over the secondary market and 1 bp below the yield at the previous auction of the bills two weeks earlier.
The ÁKK also sold HUF 7.5 bln of five-year floating-rate bonds, HUF 2.5 bln more than its original offer after dealersʼ bids reached HUF 20.80 bln.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
