ÁKK Sells HUF 18 bln of 6-month T-bills at Auction, Under Plan
The Government Debt Management Agency (ÁKK) sold HUF 18 bln of discount six-month T-bills at auction on Wednesday, HUF 2 bln under the original offer, according to a report by state news wire MTI.
Primary dealers bid for HUF 26.2 bln of the securities.
The average yield was 14.4%, 24 bp over the secondary market benchmark yield and 14 bp higher than the yield at the previous auction of the bills one week earlier.
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