ÁKK sold HUF 11.5 bln of the discount 12-month T-bill, lowering its original offer by HUF 8.5 bln after primary dealers bid for just HUF 20 bln of the securities.

The average yield was 0.33%, 2 bp over the secondary market benchmark and level with the yield at the previous auction of the bills two weeks earlier.

The agency also sold HUF 10 bln of seven-year floating-rate bonds, in line with the original offer. Bids for the securities came to HUF 18.6 bln.