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ÁKK sells HUF 46 bln of three-month bills, over plan

Debt

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The Government Debt Management Agency (ÁKK) sold HUF 46 bln of discount three-month T-bills at auction today, raising its original offer by HUF 6 billion on strong demand by primary dealers

Dealers bid HUF 93.8 bln for the papers.

Average yield was 0.93%, 1bp over the secondary market benchmark but 17 bsp under the yield at the previous auction one week earlier.

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