ÁKK sells HUF 50 bln of three-month T-bills, as planned
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, Hungarian news agency MTI reported today.
Primary dealers bid for HUF 62.0 bln of the papers.
Average yield was 1.38%, 1bp under the secondary market benchmark and 2bp lower than the yield at the previous auction of the bills one week earlier. Yields ranged between 1.34% and 1.41%.
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