AKK requests delisting of all govt securities from Budapest Stock Exchange
The Government Debt Management Agency (AKK) submitted a request for the delisting of all Hungarian state bonds and discount T-bills from the Budapest Stock Exchange, AKK said in an announcement on the bourse late Tuesday.
The delisting would take place on January 2, 2012, according to the request. The last day of trade in the securities would be December 30.
In an announcement published on its website, AKK said Hungarian government bonds and T-bills will be traded on the electronic and multilateral trading system of MTS Hungary (MTS Hungary Platform) from January 2, 2012. Trading of the securities on the BSE will cease, it added.
The securities will be listed on the MTS Hungary Platform "with the former and unaltered listing conditions", AKK said.
AKK will continue to publish the best bid and ask prices and yields of government securities subject to the price quotation obligation of primary dealers, benchmark yields, indices and other benchmarks calculated from them with unaltered frequency, but these calculations will be based on the rates, prices and yields quoted on MTS Hungary Platform from January 2, 2012, the debt manager said.
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