ÁKK buys back HUF 27.91 bln of bonds early at reverse auction
Hungary’s Government Debt Management Agency (ÁKK) bought a combined HUF 27.91 bln of bonds expiring in 2018 before maturity at a reverse auction today, Hungarian news agency MTI reported.
The ÁKK bought back HUF 17.86 bln of 2018/B bonds, which mature on April 25, 2018. Bids reached HUF 18.53 bln. The average repurchase yield was 0.42%.
The ÁKK also bought back HUF 10.05 bln of 2018/D floating-rate bonds maturing on October 24, 2018. Bids reached HUF 35.71 bln.
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