The Hungarian Government Debt Management Agency (ÁKK) has sold HUF 60bn worth of bonds at auction this week, outperforming earlier expectations by HUF 20bn. ÁKK sold HUF 30bn worth of three-year bonds, HUF 10bn more than expected. Bids came to HUF 41.7bn, with an average yield of 1.14 percent. ÁKK also sold HUF 30bn worth of five-year bonds, also HUF 10bn more than expected. Bids came to HUF 67.4bn, with an average yield of 1.43 percent.
