Bloomberg News

Hungary Lifts Amount Raised at Debt Auction As Costs Decline

January 31, 2012

Jan. 31 (Bloomberg) -- Hungary sold 50 billion forint, 5 billion forint more than planned, in three-month Treasury bills as borrowing costs fell.

The average yield was 7.41 percent compared with 7.65 percent on Jan. 24. Investors bid for 137 billion forint in debt, from 90 billion forint a week ago.

To contact the reporter on this story: Andras Gergely in Budapest at

To contact the editor responsible for this story: Edith Balazs at

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