ÁKK sells HUF 20 bln of three-month bills, as planned

Debt

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Hungary’s Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI reported.

Primary dealers bid for HUF 32.88 bln of the papers. 

The average yield was 0.36%, 4 bps under the secondary market benchmark and 1 bps under the yield at the previous auction of the bills.

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