Short Hungarian T-bills bought at nearly 0% again

Portfolio
Hungary’s Government Debt Management Agency (ÁKK) allotted HUF 25 billion worth of 3-month discount Treasury Bills at its weekly auction on Tuesday. The average yield has hardly changed, it remains close to 0%.
The ÁKK has received HUF 61.8 bn worth of bids from primary dealers on a HUF 25 bn lot of 3-m T-bills today, of which the planned amount was accepted. The average yield was set to 0.02%, down by a single basis points compared to the average yield a week ago.

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