Investors flock to Hungary's debt manager despite negative yield

Portfolio
Hungary’s Government Debt Management Agency (ÁKK) allotted 44 billion forints worth of 3-month discount Treasury Bills at its weekly auction on Tuesday instead of the planned HUF 40 bn. Demand for the instrument was outstanding, while the average yield remains negative.
The ÁKK has received a whopping HUF 130.2 bn in bids from primary dealers on a HUF 40 bn lot of 3-m T-bills today, which marks the largest demand since July. In response, the issuer allotted HUF 44 bn of the instrument. The average yield was set to -0.07%, unchanged from a week ago.
 

More in Economy

bank épület fiókbezárás
November 22, 2024 12:20

This is how the new extra profit tax regulation will impact the banking sector

The tax base, the rate and the option of halving have also been updated by the legislative change

gyár munkás gyári munkás factory worker
November 22, 2024 11:41

Amounts of the 2025 minimum wage and the guaranteed wage minimum wage set

The parties have finalised their agreement

Benzin
November 22, 2024 11:28

Both petrol and diesel prices rise in Hungary over the weekend

Latest gross wholesale purchase prices are in

dolgozó worker gyár gyári munkás ipar kereset fizetés
November 22, 2024 10:59

Hungarian wage boom already slowing down, and will end rather soon

KSH releases earnings data for September

GettyImages-1203510164-emisszió-energiaipar-gyár-infrastruktúra-ipar-környezet-környezetszennyezés-légszennyezés-termelés-üzem
November 22, 2024 09:52

No end in sight for the free fall in investments

However, the recent miserable Q3 preliminary data is no surprise

orbán viktor kossuth rádió interjú miniszterelnök kormányfő
November 22, 2024 08:52

Viktor Orbán invites Benjamin Netanyahu to Hungary despite the ICC's arrest warrant

The PM also said that the plan is to raise Hungary's economic growth "well above the EU average"

LATEST NEWS

Detailed search