Yields edge lower at T-bill auction

Debt

Yields edged down at an auction of discount three-month T-bills by the Government Debt Management Agency (ÁKK) on today.

Average yield was 2.19%, 4 bp under the secondary market benchmark and 5 bp lower than the yield at the previous auction of the bills one week earlier. Yields ranged between 2.17% and 2.20%.

ÁKK sold HUF 60 bln of the bills, as planned. Primary dealers submitted bids for HUF 217.9 bln.

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