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ÁKK sells HUF 15 bln of three-month T-bills, as planned

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, Hungarian news agency MTI reports.

Primary dealers bid for HUF 29.1 bln of the securities.

 Average yield was -0.04%, 6 bp under the secondary market benchmark which matures two weeks later, and 1 bp over the yield at the previous auction of the bills one week earlier.