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 said. Primary dealers submitted bids of HUF 100.9 bln.
Average yield was 1.48%, 7bp under the secondary market benchmark, and 1bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.45% and 1.49%.
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