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

Debt

The Government Debt Management Agency (ÁKK) sold HUF 30 bln of discount three-month Treasury bills at an auction on Tuesday, in line with the original offer. Primary dealers bid for HUF 97.5 bln of the papers.

Average yield was 1.62%, 4 bp under the secondary market benchmark and level with the yield at the previous auction of the securities one week earlier. Yields ranged between 1.54% and 1.65%.

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