ÁKK sells HUF 40 bln of three-month bills at auction, as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction on Tuesday, in line with the original offer. Primary dealers submitted bids of HUF 89.9 bln.

Average yield was 1.05%, 5 bp under over the secondary market benchmark, and 8 bp under the yield at the previous auction of the bills one week earlier.

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