Economy
Another extraordinary day in Hungary's bond market
The day's events in a nutshell
Hungary's State Debt Management Agency has held three reverse auctions on Wednesday with bids totaling HUF 85.7 billion - an extremely high figure, compared with other 2014 data. This, in itself, is a noteworthy phenomenon, and so is the fact that the issuer not only received but also accepted a large amount of bids (HUF 72 billion).
Hungary's State Debt Management Agency has held three reverse auctions on Wednesday with bids totaling HUF 85.7 billion - an extremely high figure, compared with other 2014 data. This, in itself, is a noteworthy phenomenon, and so is the fact that the issuer not only received but also accepted a large amount of bids (HUF 72 billion).
