ÁKK sells HUF 20 bln of 3-month bills, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, Hungarian news agency MTI reported.

Primary dealers bid for HUF 67.4 bln of the papers.

The average yield was 0.06%, 3 bps under the secondary market benchmark and level with the yield at the previous auction of the bills one week earlier.

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