ÁKK Sells HUF 22 bln of 3-month T-bills at Auction, Over Plan
The Government Debt Management Agency (ÁKK) sold HUF 22 billion of discount three-month T-bills at auction on Tuesday, raising its original offer by HUF 7 bln on strong demand by primary dealers, according to a report by state news wire MTI.
Bids came to HUF 43.3 bln.
The average yield was 8.83%, 60 bp over the secondary market benchmark but 5 bp under the yield at the previous auction of the bills one week earlier.
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