ÁKK sells HUF 50 bln of three-month bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction today, in line with the original offer. Primary dealers bid for HUF 105.4 bln of the securities.
Average yield was 1.58%, 7 bp over the secondary market benchmark, which matures three weeks later, but 5 bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.53% and 1.60%.
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