ÁKK sells HUF 40 bln of three-month T-bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 40.0 bln of discount three-month T-bills at an auction on Thursday, in line with the original offer, Hungarian news agency reported today.
Primary dealers bid for HUF 68.8 bln of the papers.
Average yield was 1.45%, 5bp under the secondary market benchmark and 2bp lower than the yield at the previous auction of the bills one week earlier. Yields ranged between 1.40% and 1.50%.
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