ÁKK sells HUF 60 bln of three-month bills, as planned
The Government Debt Management Agency (ÁKK) sold HUF 60 bln of discount three-month T-bills at auction on Tuesday, in line with the original offer. Primary dealers bid for HUF 160 bln of the papers.
Average yield was 1.75%, 3bp over the secondary market benchmark, which matures one month later, but 9bp under the yield at the previous auction of the bills one week earlier. Yields ranged between 1.69% and 1.78%.
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