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

Debt

The Government Debt Management Agency (ÁKK) sold HUF 20 billion of discount three-month T-bills at auction Tuesday, in line with the original offer, Hungarian wire service MTI reported.

Primary dealers bid for HUF 45 bln of the papers.

The average yield was 0.04%, 3 bps under the secondary market benchmark but 1 bp over the yield at the previous auction of the bills one week earlier.

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