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

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

Primary dealers bid for HUF 44.8 bln of the securities.

Average yield was -0.02%, 3 bp over the secondary market benchmark but 3 bp under the yield at the previous auction of the bills two weeks earlier.