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ÁKK sells HUF 25 bln of 3-month T-bills, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 25 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, according to state news wire MTI.

Primary dealers bid for HUF 44.9 bln of the papers.

The average yield was 0.03%, 3 basis points under the secondary market benchmark, but 1 basis point over the yield at the previous auction of the bills one week earlier.

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