Yields fall at three-month T-bill auction
Yields fell at an auction of discount three-month T-bills on Tuesday. ÁKK sold HUF 30 bln of the bills, in line with the original offer. Primary dealers bid for HUF 71.4 bln of the papers.
Average yield was 1.71%, 3 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 1.65% and 1.73%.
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