Primary dealers bid for HUF 50 bln of the papers expiring on January 3, 2018. The ÁKK auctioned three-month T-bills expiring next year for the first time.

The average yield was negative 0.06%, 1 bp under the secondary market benchmark, calculated on a bill expiring on February 28, 2018, and also 1 bp lower than the average yield at the previous auction of the securities one week earlier.