ÁKK sells HUF 40 bln of 3-month T-bills, as planned
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 79.5 bln of the papers expiring on May 23.
The average yield was 0.00%, unchanged from the previous auction of the bills one week earlier and 3 basis points over the secondary market benchmark, calculated on the same bill series.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.