ÁKK accepts no bids at reverse auction
pixabay
Hungary’s Government Debt Management Agency (ÁKK) did not accept any bids at a reverse auction today, according to Hungarian news agency MTI.
The ÁKK planned to buy back HUF 5 bln of 2018/B bonds, which mature on April 25, 2018, and HUF 5 bln of 2018/C bonds, maturing on June 22, 2018.
Bids for the 2018/B bonds reached HUF 17.01 bln, and HUF 30.88 bln for the 2018/C bonds, but the ÁKK did not accept any of them.
Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa...
Hungary to Address Future of Cohesion Policy During EU Presi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
