ÁKK sells HUF 61.5 bln of securities at auction, over plan

Debt

pexels

The Government Debt Management Agency (ÁKK) sold a combined HUF 61.5 billion of securities at auction on Thursday, raising its original offer by HUF 13.5 bln, state news wire MTI reported.

The ÁKK sold HUF 50.0 bln of 12-month discount T-bills, raising its original offer by HUF 10 bln. Bids came to HUF 64.90 bln, while the average yield was 0.06%, 3 basis points over the secondary market benchmark and 1 bp higher than the yield at the previous auction of the bills two weeks earlier.

The ÁKK also sold HUF 11.5 bln of three-year floating-rate bonds, raising its offer by HUF 3.5 bln after dealers bid for HUF 30.87 bln of the papers.

Scope Assigns MOL BBB- Issuer Rating Ratings

Scope Assigns MOL BBB- Issuer Rating

Budapest Residents to Weigh in on Rákosrendező Development P... Issues

Budapest Residents to Weigh in on Rákosrendező Development P...

AutoWallis Becomes Importer of Geely Group’s Commercial EV B... Automotive

AutoWallis Becomes Importer of Geely Group’s Commercial EV B...

These Are the Most Sleep-friendly Hotels in Hungary Hotels

These Are the Most Sleep-friendly Hotels in Hungary

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.