Hungary's state debt manager AKK sold HUF 50bn (EUR 167mn) in 12-month treasury bills at an auction on August 1, in line with the initial offer, AKK informed.
Investors’ bids totalled HUF 91.7bn, which marked a sharp decline from HUF 171.4bn at the previous tender held a couple of weeks ago, when AKK raised the initial float by HUF 25bn.
The average yield at the latest auction reached 4.02%, down by 6bps from the yield at the previous tender and 7bps under the secondary benchmark fixing.
The range of yields widened and varied between 3.97% and 4.07%.
Facebook has reversed its decision and restored a video posted by Janos Lazar, head of Viktor Orban's Prime Minister's Office, in which he allegedly made racists comments while walking around a ... more
An independent candidate backed by opposition parties scored a stunning upset at a mayoral by-election in the town of Hodmezovasarhely, a Fidesz stronghold, on February 25, in a vote widely perceived ... more
A survey has found that most Czechs remain positive towards Europe, with 54% of respondents saying they would like to stay in the European Union and 34% stating they would be in favour of a ... more