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

Debt

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The Government Debt Management Agency (ÁKK) sold HUF 15 bln of discount three-month T-bills at auction today, in line with the original offer. The average yield remained unchanged from a week earlier.

Primary dealers bid for HUF 21.4n of the bills expiring on October 25.

Average yield was 0.02%, 2 bps under the secondary market benchmark, calculated at the same bill series, but level with the yield at the previous auction of the bills one week earlier. 

The average yield has been unchanged now for the third week in a row.

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