ÁKK sold HUF 25.5 bln of discount 12-month T-bills, raising its original HUF 15 bln offer after primary dealers bid for HUF 115 bln of the securities. Average yield was 14.56%, 19 bp over the secondary market benchmark yield but 13 bp under the yield at the previous auction of the bills two weeks earlier.
The agency sold HUF 8 bln of 10-year floating-rate bonds, cutting its original offer by HUF 2 bln after bids reached just HUF 12.5 bln.
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