ÁKK sells HUF 50 bln of three-month T-bills

Debt

The Government Debt Management Agency (ÁKK) sold HUF 50 bln of discount three-month T-bills at auction on Tuesday, in line with the original offer. Primary dealers bid for HUF 84.2 bln of the papers.

Average yield was 1.67%, the same as both the secondary market benchmark and the yield at the previous auction of the securities one week earlier. Yields ranged between 1.60% and 1.68%.

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