ÁKK sells HUF 30 bln of 12-month bills, as planned

Debt

Hungaryʼs Government Debt Management Agency (ÁKK) sold HUF 30 billion of discount 12-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI reported.

Primary dealers bid for HUF 70.6 bln of the papers. 

Average yield was 0.66%, 6 bps over the secondary market benchmark but 2 bps under the yield at the previous auction of the bills two weeks earlier.

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