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

Debt

The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount three-month T-bills at auction today, HUF 5 bln more than planned, Hungarian news agency MTI reported.

ÁKK raised its original offer at primary dealers bid for HUF 77.2 bln of the papers.

Average yield was 0.92%, 4 bps over the secondary market benchmark but 3 bps under the yield at the previous auction of the securities one week earlier.

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