ÁKK Auctions off HUF 34.5 bln of 3-month T-bills
The Government Debt Management Agency (ÁKK) sold HUF 34.5 billion of discount three-month T-bills at auction on Tuesday, HUF 9.5 bln more than the original offer, according to a report by state news wire MTI.
Primary dealers bid for HUF 40.2 bln of the securities.
The average yield was 13.69%, 212 bp over the secondary market benchmark, and 60 bp higher than the yield at the previous auction of the bills one week earlier.
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