The Government Debt Management Agency (ÁKK) sold HUF 47 billion of securities at auction on Thursday, approximately HUF 3 bln less than planned.
ÁKK sold HUF 20 bln of discount 12-month T-bills, in line with the original offer. Primary dealers bid for HUF 22.9 bln of the bills. Average yield was 6.35%, 2 bp over the secondary market benchmark yield but 9 bp under the yield at the previous auction of the bills two weeks earlier.
ÁKK sold HUF 20 bln of 15-year bonds, raising its original offer by HUF 5 bln after bids reached HUF 39.9 bln. Average yield was 6.71%, 1 bp under the benchmark and 60 bp lower than the yield at the auction two weeks earlier.
ÁKK sold HUF 7 bln of 20-year green bonds, cutting its original offer by HUF 8 bln after bids came to just HUF 14.7 bln. Average yield was 6.73%, 22 bp under the yield at the previous auction of the bonds on February 12.