ÁKK sells HUF 50 bln of three-month bills, over plan
The Government Debt Management Agency (ÁKK) sold a combined HUF 50 bln of discount three-month T-bills at auction today, raising its original offer by HUF 10 bln on strong demand, Hungarian news agency MTI.
Primary dealers bid for HUF 90.8 bln of the papers.
Average yield was 1.09%, 9bp over the secondary market benchmark but level with the yield at the previous auction of the securities one week earlier.
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