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ÁKK sells HUF 50 bln of six-week bills at auction

The Government Debt Management Agency (ÁKK) sold HUF 50.0 billion of discount six-week "liquidity" T-bills at auction on Monday, in line with the original offer.

Primary dealers bid for HUF 103.0 bln of the bills, state news wire MTI reported.

The average yield was 0.16%, 1 basis point over the secondary market benchmark, but level with the yield at the previous auction of the securities one week earlier.