ÁKK sells HUF 40 bln of three-month T-bills at auction, as planned
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, Hungarian news agency MTI reported today.
Primary dealers bid for HUF 83.5 bln of the papers.
Average yield was 1.40%, 12bp under the secondary market benchmark and 3bp lower than the yield at the previous auction of the bills one week earlier. Yields ranged between 1.35% and 1.42%.
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