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

Debt

The Government Debt Management Agency (ÁKK) sold HUF 40.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer.

Primary dealers bid for HUF 66.8 bln of the papers, state news agency MTI reported.

The average yield was 0.00%, 4 basis points over the secondary market benchmark, but level with the yield at the previous auction of the bills one week earlier.

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