ÁKK sells HUF 40 bln of twelve-month T-bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 40 bln of discount twelve-month T-bills at auction yesterday, in line with the original offer, according to Hungarian news agency MTI. Primary dealers bid for HUF 88.5 bln of the securities.
Average yield was 1.59%, 4 bp under the secondary market benchmark and 3bp lower than the yield at the previous auction of the bills two weeks earlier.
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