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ÁKK sells Ft 45 bln of twelve-month T-bills

The State Debt Management Center (ÁKK) sold Ft 45 billion of twelve-month T-bills at auction on Thursday, Ft 5 billion more than planned. Offers for the bills came to Ft 123.3 billion. Average yield at the auction was 6.65%, 18bp over Wednesday's secondary market benchmark and 33bp more than the yield at the previous auction two weeks earlier. Yields at the auction varied between 6.58% and 6.67%. ÁKK issued an additional Ft 9 billion of the bills for its own account.