Hungary debt manager unyielding despite massive demand

Portfolio
Demand for Hungary’s 3-month discount Treasury Bills has been the highest in almost two years at the Government Debt Management Agency’s (ÁKK) regular weekly auction on Tuesday. Yet, the issuer allotted only the original amount on offer. The average yield slipped into negative territory again.
The ÁKK has received HUF 132.8 billion worth of bids on a HUF 40 bn lot of 3-m T-bills today, which marks the highest demand since April 2016. All the same, the ÁKK allotted only the original amount on offer. The average yield was set to -0.01%, down 3 basis points compared to the previous auction of this instrument a week ago and unchanged compared to yesterday’s benchmark fixing on the secondary market. After mid-December, the average yield has slumped back to negative territory.
 

More in Economy

Demó számlával akart kereskedni egy amatőr, véletlenül 10 millió eurós nyereséget csinált, de a brók
June 14, 2025 06:00

Here's a shocking truth about inflation: it wasn't margins that caused the surge

Recent survey shows prices have not risen because of profit-hunger

gyógyszertár patika
June 13, 2025 16:22

Hungarian pharmacies to apply price freeze

On medicines

építőipar, munkás, katar, toronydaru
June 13, 2025 13:30

Hungary's construction sector may show signs of recovery

With April output up sharply

GettyImages-2159591603-biztonság-fegyver-háború-hadsereg-izrael-katona-konfliktus-nemzetbiztonság-terrorizmus-védelem
June 13, 2025 12:51

Airlines, including Wizz Air suspend flights to the Middle East

After Israel strikes Iranian targets

méz-méhek-méhészet
June 13, 2025 12:22

Devastating news from Hungarian beekeepers: Acacia honey production hits historic low

Weather conditions inflicted heavy damages

autógyár
June 13, 2025 11:15

Hungarian car industry hits the brakes, with major companies at decade lows

Hungarian Mercedes, Audi and Suzuki all on the downhill slide

LATEST NEWS

Detailed search