Average yield was 1.941%. Yields ranged between 1.75% and 1.98%.
The three-month secondary market benchmark was 1.43% at the last yield calculation December 30.
The (usually) six-week liquidity T-bills are designed to manage the central government’s short-term liquidity needs, and, accordingly, are auctioned on a case-by-case basis.
The auction and the offer, above the typical HUF 50 bln, indicate that ÁKK is refilling the deposits on the State Treasury’s unified account Kesz after it limited issues in the last months of the year to ensure the reduction of state debt.
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