ÁKK seals liquidity management agreement with Poland
Hungary's Government Debt Management Agency (ÁKK) announced a general agreement with Poland on cooperation under liquidity management in a release on its website.
"The Government Debt Management Agency [...] acting on behalf of Hungary represented by the Hungarian Minister of Finance, and the Polish Minister of Finance acting on behalf of the State Treasury of the Republic of Poland have concluded a general agreement on cooperation in entering into deposit and loan transactions, in the framework of liquidity management," ÁKK said.
It did not disclose any further details.
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.