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Published on 7/6/2006 in the Prospect News Emerging Markets Daily.

New Issue: Hungary sells HUF 35 billion of three-month Treasury bills

By Reshmi Basu

New York, July 6 - Hungary's Government Debt Management Agency said it sold HUF 35 billion of three-month Treasury bills at an average yield of 6.89% on Tuesday.

Bids ranged from 6¾% to 6.98%.

The agency received HUF 45.89 billion in bids.

Issuer:Government Debt Management Agency (AKK)
Amount:HUF 35 billion
Issue:Treasury bills
Maturity:Oct. 11, 2006
Average yield:6.89%
Pricing date:July 4
Settlement date:July 12

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