The state debt manager increased the originally planned amount in twelve-month treasury bills by HUF 10bn and placed HUF 60bn (EUR 226.9mn), after receiving bids for HUF 203.0bn (EUR 767.77mn), the authority reported. Demand soared by almost 70%, with HUF 121.4bn being offered at the last auction two weeks ago. This is the highest level since H2 2009. The average yield on the twelve-month treasury bills, expiring on May 2, 2012, declined to 5.93%, down by 5bp from the yields at the previous auction, and 2bp below the Wednesday's secondary market benchmark. The range of the offered yields narrowed to 5.92%-5.94%, compared to 5.9%-5.99% at the tender on April 13. |
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