ÁKK Adds 6-Month Tenor to T-Bills
The Government Debt Management Agency (ÁKK) on Wednesday said it decided to introduce a six-month discount Treasury bill, in addition to the existing 3- and 12-month tenors, according to a report by state news wire MTI.
ÁKK noted that demand at 12-month T-bill auctions has been "volatile" recently and said it expects "more stable demand" for the new 6-month tenor.
The agency will hold the first 6-month T-bill auction on September 28. The bills will be auctioned weekly, on Wednesdays.
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