ÁKK sells HUF 20 bln of three-month T-bills, HUF 5 bln over plan
The Government Debt Management Agency (ÁKK) sold HUF 20 bln of discount three-month T-bills at auction today, HUF 5 bln more than planned, Hungarian news agency MTI reported.
ÁKK raised its original offer after primary dealers submitted bids for HUF 45.4 bln of the papers.
Average yield was 0.71%, 4 bps under the secondary market benchmark and 2 bps lower than the yield at the previous auction of the bills one week earlier.
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