ÁKK sells HUF 40 bln of three-month bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI reported.
Primary dealers bid for HUF 82.5 bln of the papers.
Average yield was 1.08pc, 7 bps over the secondary market benchmark, which matures about three weeks later, but 1 bps under the yield at the previous auction of the bills one week earlier.
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