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ÁKK sells three-month T-bills as planned

Debt

The Government Debt Management Agency (ÁKK) sold HUF 15.0 billion of discount three-month T-bills at auction on Tuesday, in line with the original offer, state news wire MTI reported.

Primary dealers bid for HUF 21.2 bln of the securities.

The average yield was -0.05%, 7 basis points under the yield on the secondary market benchmark, which matures some three weeks later, but level with the yield at the previous auction of the bills one week earlier.

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