Primary dealers bid for HUF 39.8 bln of the papers that expire on August 30. Demand fell from HUF 64.5 bln a week earlier.

The average yield was 0.03%, 4 bps under the secondary market benchmark, which matures on September 13, but 2 bps higher than the yield at the previous auction of the bills one week earlier.

The average yield rose after falling back to 0.01%, the bottom it reached at the March 14 and March 21 auctions, on May 16.