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ÁKK Sells HUF 12.5 bln of 6-month T-bills at Auction

Debt

The Government Debt Management Agency (ÁKK) sold HUF 12.5 billion of discount six-month T-bills at auction on Wednesday, HUF 2.5 bln more than planned, according to a report by state news wire MTI.

Primary dealers bid for HUF 26.8 bln of the securities.

The average yield was 10%, 15 bp over the secondary market benchmark yield, and 3 bp higher than the yield at the previous auction of the bills one week earlier. 

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