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Hungary Sells $279M Debt

11-20-2009 | Source: emii.com

The Hungarian government has auctioned $279 million of debt, Bloomberg reports. The debt management agency increased the amount offered by $28 million to $167 million due to increased demand for the three-year maturity securities.

Hungary also sold $55.6 million of 2015 bonds at an average yield of 7.17%, after lowering the amount on offer from $83.4 million. The agency sold $55.6 million of 2019 bonds at an average yield of 7.36%.

Click here for the story from Bloomberg.

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