Economy
Yield on Hungary's short bill edges closer to 0%
The ÁKK received HUF 44 bn worth of bids from primary dealers on a HUF 20 bn lot of 3-m T-bills today and did not sell more of the instrument than it originally intended to. The average yield was set to 0.25%, two basis points lower than at the previous auction of the bill a week ago and 5bps lower than Monday’s benchmark fixing on the secondary market.
