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Hungary Sells Planned Amount of 3-Month Bills as Yields Fall

Hungary today sold a planned 30 billion forint ($141 million) of 3-month treasury bills as borrowing costs fell.

The average yield was 5.91 percent, compared with 5.94 percent a week ago. Investors bid for 145 billion forint, up from 101.8 billion at the last sale, according to auction results from the Debt Management Agency on Bloomberg.

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