ÁKK Sells HUF 29 bln of 3-month T-bills at Auction
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The Government Debt Management Agency (ÁKK) sold HUF 29 billion of discount three-month T-bills at auction on Tuesday, HUF 4 billionn over the original offer, according to a report by state news wire MTI.
Primary dealers bid for HUF 84.2 bln of the securities.
The average yield was 12.5%, 5 bp over the secondary market benchmark yield, but 39 bp under the yield at the previous auction of the bonds two weeks earlier.
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