ÁKK sells HUF 68 bln of 3-month bills, over plan
The Government Debt Management Agency (ÁKK) sold HUF 68.0 billion of three-month discount T-bills at auction on Tuesday, raising its original offer by HUF 18.0 bln on strong demand from primary dealers.
Bids for the bills came to HUF 89.9 bln, state news wire MTI reported.
The average yield was 0.10%, 3 basis points under the secondary market benchmark and level with the yield at the previous auction of the bills one week earlier.
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