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Yields fall at ÁKK bond auctions

The State Debt Management Centre (ÁKK) sold the planned amount of both three-year and 15-year bonds at an auction on Thursday, despite receiving bids for twice the amount on offer, MTI reported. Yields at both auctions were 3 base points under the respective secondary market benchmarks. The ÁKK sold Ft 50 billion of three-year 2008/D bonds, for which offers came to Ft 105.6 billion, and Ft 15 billion of 15-year 2020/A bonds, for which offers totaled Ft 26.3 billion.