ÁKK sells HUF 15 bln of three-month bills, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, state news wire MTI reported.

Primary dealers bid for HUF 41.1 bln of the papers.

The average yield was 0.01%, 6 bps under the secondary market benchmark and 1 bp lower than the yield at the previous auction of the bills one week earlier.

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