Bids came to HUF 75.4 bln for the papers expiring on August 17. Demand was slightly up from HUF 72.8 bln at the previous auction held a week earlier.
Average yield was 0.98%, unchanged from the previous auction of the bills while up 6bp from the secondary market benchmark calculated on a bill series expiring on September 28.
The debt manager has been selling three-month bills over the HUF 40 bln original plan every week since March 22 when the average yield rose to 1.27% before a renewed drop started.
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