ADVERTISEMENT

ÁKK buys back HUF 14.5 bln of bonds early

Debt

The Government Debt Management Agency (ÁKK) bought back a combined HUF 14.5 billion of bonds expiring in 2021 before maturity at a reverse auction on Wednesday, state news wire MTI reports.

ÁKK bought back HUF 6.8 bln of 2021/A bonds which mature on June 23, 2021.

ÁKK also bought back HUF 7.7 bln of 2021/C bonds maturing on April 21, 2021.

The average yield for both securities was 0%, 3 bp over the three-month secondary market benchmark but 1 bp lower than the six-month benchmark.

ÁKK had announced it would buy back HUF 5 bln of both papers.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

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.