ÁKK sells HUF 45 bln of three-month T-bills, more than planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 45 bln of discount three-month T-bills at auction today, HUF 10 bln more than planned, Hungarian news agency MTI reported.

 ÁKK raised its original offer as primary dealers bid for HUF 97.95 bln of the papers. 

Average yield was 0.88%, the same as the secondary market benchmark but 4 bps under the yield at the previous auction of the securities one week earlier.

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