AKK sells HUF 40 bln of three-month bills at auction
The Government Debt Management Agency (AKK) sold HUF 40 bln of discount three-month T-bills at auction today, in line with its original offer. Primary dealers submitted bids of HUF 130.7 bln.
Average yield was 1.43%, 2bp under the secondary market benchmark, and 5% under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.41% and 1.43%.
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