ÁKK sells HUF 25 bln of 3-month T-bills, as planned

Debt

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The Government Debt Management Agency (ÁKK) sold HUF 25.0 billion of discount three-month T-bills at auction on Tuesday, in line with its original offer.

Primary dealers bid for HUF 61.8 bln of the bills, state news wire MTI reported.

The average yield was 0.02%, 4 basis points under the secondary market benchmark and 1 bp lower than the yield at the previous auction of the securities one week earlier.

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