ÁKK sells HUF 20 bln of three-month T-bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction on Tuesday, in line with the original offer. Primary dealers submitted bids for HUF 70.0 bln of the papers.
Average yield was 1.33%, 8bp higher than the secondary market benchmark, and 14bp lower than the yield at the previous auction of the securities one week earlier. Yields ranged between 1.33% and 1.34%.
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