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

Debt

Hungaryʼs 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 reported.

Primary dealers bid for HUF 76.6 bln of the papers. 

Average yield was 0.95%, 5 bps over the secondary market benchmark, which matures one month later, but 4 bps lower than the yield at the previous auction of the bills one week earlier.

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