Primary dealers bid for HUF 15.03 bln of the papers expiring on August 26, 2020, state news wire MTI reported.

The average yield was 0.05%, 2 basis points over the secondary market benchmark and 1 bp higher than the yield at the previous auction of the bills two weeks earlier.

The average 12-month auction yield rose for the first time since June 27, when it reached 0.24%.

The ÁKK auctions 12-month bills bi-weekly. It offers the bills together with floating-rate bonds at every third auction.