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ÁKK sells HUF 40.0 bln of three-month T-bills, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, state news wire MTI reported.

Primary dealers bid for HUF 68.4 bln of the papers. 

The average yield was 0.00%, 2 basis points over the secondary market benchmark, but level with the yield at the previous auction of the bills one week earlier.

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