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

Debt

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The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI reported today.

Primary dealers bid for HUF 38.3 bln of the papers. 

Average yield was 0.39%, 8 bps under the secondary market benchmark and level with the yield at the previous auction of the bills one week earlier.

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