ÁKK sells HUF 75 bln of three-month T-bills, over plan
The Government Debt Management Agency (ÁKK) sold HUF 75 billion of discount three-month T-bills at auction on Tuesday, raising its original offer by HUF 25 bln on strong demand from primary dealers.
Bids for the securities came to HUF 105.9 bln, state news wire MTI reported. The average yield was 0.16%, 2 basis points over the secondary market benchmark, but 1 bp under the yield at the previous auction of the bills one week earlier.
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