Hungary debt manager easily sells HUF 40 bn worth of short bills

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Hungary’s Government Debt Management Agency (ÁKK) has sold 40 billion forints worth of 3-monthy discount Treasury Bills as planned at its weekly auction on Tuesday. The average yield is still hardly over 0%.
The ÁKK has received HUF 88 bn worth of bids from primary dealers on a HUF 40 bn lot of 3-m T-bills today, but it allotted only the original amount on offer. The average yield was set to 0.09%, the same as a week ago, with accepted yields between 0.07% and 0.1%.

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