Economy

Hungary ÁKK easily sells HUF 45 bn worth of short bills

November 14, 2017, 11:49 am  english version Hungarian version  
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Hungary’s Government Debt Management Agency (ÁKK) allotted 45 billion forints worth of 3-month discount Treasury Bills at its weekly auction on Tuesday, HUF 5 bn more than it originally intended to. The average yield remains practically zero.


The ÁKK has received HUF 84.5 bn worth of bids from primary dealers on a HUF 40 bn lot of 3-m T-bills today. As a response the issuer allotted HUF 45 bn of the instrument at an average yield of 0.01%, the same as last week.


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