ÁKK sells HUF 40 bln of three-month bills at auction, as planned
The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI said. Primary dealers submitted bids of HUF 99.2 bln.
Average yield was 1.39%, 6bp under the secondary market benchmark, and 4bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.35% and 1.40%.
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