BUDAPEST: The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount three-month T-bills at auction yesterday, in line with the original offer, Hungarian news agency MTI said.
Primary dealers submitted bids of HUF 92.4 billion. Average yield was 1.32%, 1bp over the secondary market benchmark, and 7 bp under the yield at the previous auction of the bills one week earlier.