ÁKK raises offer by 50% at 'liquidity' auction

Debt

The Government Debt Management Agency (ÁKK) raised its offer of discount "liquidity" bills that mature in two months by 50% on strong demand at an auction today. ÁKK sold HUF 90 bln of the bills, HUF 30 bln more than planned. Primary dealers bid for HUF 238.4 bln of the papers.

Average yield was 1.86%. Yields ranged between 1.81% and 1.90%.

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