ÁKK sells HUF 40 bln of three-month bills, as planned
Hungary’s Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction today, in line with the original offer, according to Hungarian news agency MTI.
Primary dealers bid for HUF 71.9 bln of the papers.
Average yield was 0.45%, 2 bps under the secondary market benchmark and 1 bps lower than the yield at the previous auction of the bills one week earlier.
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