Are you sure?

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

The Government Debt Management Agency (AKK) sold HUF 50 billion of six-week “liquidity bills” at an auction on Monday, in line with the original offer.

Primary dealers submitted bids for HUF 69.5 billion of the bills.

Average yield at the auction was 6.03%, up 5bp from the yield at the previous auction of the bills one week earlier and 13bp over the three-month secondary market benchmark. Yields ranged between 5.97% and 6.05%. (MTI-Econews)