Economy
Hungary sells HUF 40 bn 12-m bills, yield drops
The 1.76x bid-to-cover ratio compares with 3.86x at the previous auction of the bill on 16 November.
The average yield was set to 8.02%, up by 2 basis points from Wednesday's benchmark fixing but down from 8.25% from the previous auction.
Accepted bids were between 7.96% and 8.05%.
The average yield was set to 8.02%, up by 2 basis points from Wednesday's benchmark fixing but down from 8.25% from the previous auction.
Accepted bids were between 7.96% and 8.05%.
