Hungary's debt manager AKK placed the initially-planned lot of HUF 50bn (EUR 167.5mn) in three-month discount treasury bills at an auction on April 24, the authority said on its website. Investors offered HUF 84.7bn worth of bids, up from HUF 56.4bn at the previous auction on April 17, when the debt manager cut the float. The average yield stood at 7.29% or 6bps below the secondary benchmark fixing but 1bpt above the yield at the previous tender a week ago. The range of the accepted yields widened, varying from 7.20% to 7.33%. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more