The Government Debt Management Agency (AKK) sold a combined HUF 244.5 billion of securities at auction on Thursday, close to four times the HUF 65.0 billion plan, on strong demand.
AKK sold HUF 155.0 billion of discount twelve-month T-bills, a multiple of the HUF 30.0 billion plan. Primary dealers bid for HUF 242.4 billion of the securities. Average yield was 5.53%, 6 basis points over the secondary market benchmark but 13 basis points under the yield at the previous auction of the bills two weeks earlier.
AKK sold HUF 39.5 billion of ten-year bonds, nearly double the HUF 20.0 billion plan. Bids reached HUF 78.9 billion. Average yield was 5.47%, level with the benchmark but 7 basis points over the yield at the previous auction of the bonds ten years earlier.
AKK sold HUF 50.0 billion of a 20-year green bond, more than triple the HUF 15.0 billion plan. Dealers' bids came to HUF 110.7 billion. Average yield was 5.42%, 131 basis points under the yield at the previous auction of the bonds on April 9.












