Hungary Sells More Treasury Bills Than Planned At Auction of 3-Month Debt

Hungary today sold 50 billion forint ($228 million) of three-month Treasury bills, 5 billion forint more than planned, at an average yield of 5.46 percent compared with 5.47 percent at the previous auction of the similar maturity on July 20, according to auction results on the debt management agency’s Bloomberg page.

Investors submitted bids worth 133.3 billion forint versus 52.5 billion forint a week ago, according to the results.

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