ÁKK sells HUF 20 bln of 12-month bills, as planned
Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount 12-month T-bills at auction on Thursday, in line with the original offer, news agency MTI reports.
Primary dealers bid for HUF 52.9 bln of the papers. The average yield was 0.27%, 3 basis points under the secondary market benchmark and 11 basis points lower than the yield at the previous auction of the bills two weeks earlier.
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