The ÁKK bought back HUF 7.10 bln of 2018/A bonds, which mature on December 20, 2018, accepting all the bids. The average repurchase yield was 0.01%.   

The ÁKK also bought back HUF 8.47 bln of 2019/A bonds maturing on June 24, 2019, accepting all the bids. The average repurchase yield was 0.01%. 

Finally, the ÁKK bought back HUF 38.15 bln of 2019/D bonds maturing on August 28, 2019, accepting all the bids. The average repurchase yield was 0.00%. 

The repurchase yields compare to a 12-month secondary market benchmark of 0.00% and a three-year benchmark of minus 0.03%.   

The ÁKK had planned to buy back HUF 5 bln of all three papers.

No bids at T-bill auction

Earlier in the week, the ÁKK accepted no bids at an auction of three-month T-bills.

The agency had planned to sell HUF 30 bln of discount three-month T-bills at auction on Tuesday, but did not accept any bids and cancelled the event.

Primary dealers bid for HUF 49.9 bln of the securities.