Hungary's state debt manager AKK sold HUF 60bn (EUR 205.3mn) in 12-month treasury bills at an auction on January 17, rising the initial offer by HUF 10bn, AKK informed. Investors bids totalled HUF 125bn, up from HUF 81.7bn at the previous auction a week earlier, when AKK sold the announced volume of HUF 50bn. The average yield at the latest auction reached 5.33%, or by 3bps over the yield at the previous tender but 5bps under the secondary benchmark fixing. The range of yields narrowed and varied between 5.29% and 5.37%. |
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