ÁKK sells HUF 50 bln of three-month T-bills, over plan

Debt

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, raising its original offer by HUF 10 bln on strong demand, Hungarian news agency MTI reported.

Primary dealers bid for HUF 80.5 bln of the papers. 

Average yield was 0.82%, 3 bps under the secondary market benchmark, which matures more than two months later, and 1 bps lower than the yield at the previous auction one week earlier.

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