The Government Debt Management Agency (ÁKK) bought back early HUF 14.2 billion of three bonds maturing in 2013 and 2014 at a reverse auction on Wednesday. The debt manager bought back early HUF 2.3 billion of 2013/E bonds, which mature on October 24, 2013, at an average yield of 4.06%. The repurchase yield was slightly under the 4.08% three-month benchmark on Tuesday. ÁKK accepted less than one-fifth of the HUF 12.3 billion offers arriving from primary dealers. ÁKK bought HUF 4.0 billion of 2014/C bonds, which mature on February 12, 2014, accepting all offers for these bonds. The average yield came to 3.92%, under the 3.98% secondary market twelve-month benchmark on Tuesday. ÁKK bought back early HUF 7.9 billion of 2014/D bonds, which mature on August 22, 2014. Average yield was 3.94%, 4bp less than the one-year benchmark. Offers came to HUF 8.0 billion.