ÁKK sells HUF 20bn of three-month T-bills, as planned
Hungary’s Government Debt Management Agency (ÁKK) sold a combined HUF 20 billion of discount three-month T-bills at auction today, in line with the original offer, according to Hungarian news agency MTI.
Primary dealers bid for HUF 31.2 bln of the bills, which expire on February 22.
The average yield was 0.31%, 6 bps under the secondary market benchmark, calculated on a bill expiring on March 17, and unchanged from the average yield at the previous auction of the bills one week earlier.
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