ÁKK sells HUF 45 bln of three-month bills at auction, over plan
The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction today, raising its original offer by HUF 5 bln on strong demand by primary dealers, Hungarian news agency MTI reported.
Bids came to HUF 69 bln. Average yield was 1.10%, 10 bps over the secondary market benchmark and 17 bps lower than the yield at the previous auction of the bills one week earlier.
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