ÁKK sells HUF 35 bln of three-month bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 35 bln of discount three-month T-bills at auction today, in line with the original offer.
Primary dealers submitted bids of HUF 48.8 bln for the papers.
Average yield was 0.96%, 9 bp over the secondary market benchmark, which matures about two week later, but just 1 bp over the yield at the previous auction of the bills one week earlier.
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