ÁKK sells HUF 50 bln of three-month bills at auction, 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, Hungarian news agency MTI reported.
Primary dealers submitted bids of HUF 101.5 bln.
Average yield was 1.51%, 2 bp over the secondary market benchmark, but 3 bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.48% and 1.52%.
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