ÁKK buys back HUF 27.3 bln of bonds at auction

Debt

The Government Debt Management Agency (ÁKK) bought back a combined HUF 27.3 billion of bonds before maturity at a repurchase auction on Wednesday, according to a report by state news wire MTI.

ÁKK bought back HUF 9.95 bln of 2023/A bonds and HUF 17.35 bln of 2024/C bonds. 

Primary dealers had offered HUF 18.66 bln of the 2023/A bonds and HUF 26.15 bln of the 2024/C bonds.

The average yield was 10.19% for the 2023/A bonds and 10.21% for the 2024/C bonds.

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