ÁKK sells HUF 40 bln of twelve-month bills at auction, as planned
The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount twelve-month T-bills at auction today, in line with the original offer, Hungarian news agency MTI reported.
Primary dealers bid for HUF 71.8 bln of the papers.
Average yield was 0.94%, 1bp over the secondary market benchmark, but 7 bps lower than the yield at the previous auction of the bills two weeks earlier.
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