Hungary’s Government Debt Management Agency (ÁKK) has allotted 40 billion forints worth of 3-month discount Treasury Bills at is weekly auction on Tuesday, as planned. The average yield is still practically zero percent.
The ÁKK has received HUF 62.1 bn worth of bids from primary dealers on a HUF 40 bn lot of 3-m T-bills today, and it allotted the intended amount. The average yield remains stuck around 0%. The difference between the minimum and maximum accepted yields was merely two basis points.
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