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ÁKK sells HUF 43.5 bln of 3-month T-bills at auction, over plan

The Government Debt Management Agency (ÁKK) sold HUF 43.5 billion of discount three-month T-bills at auction on Tuesday, HUF 3.5 bln more than planned.

Primary dealers bid for HUF 53.7 bln of the securities.

The average yield was 0.79%, 2 bp over the secondary market benchmark and 12 bp over the yield at the previous auction of the bills one week earlier.