ÁKK bought back HUF 3.0 bln of 2016/C bonds, which mature on February 12, 2016. Primary dealersʼ bids came to HUF 5.1 bln.
Average yield was 0.95%, 6bp under the six-month benchmark on the secondary market.
ÁKK bought back HUF 663m of 2016/D bonds, which mature on December 22, 2016. Bids reached HUF 5.5 bln.
Average yield was 0.95%, 4bp under the twelve-month benchmark.
ÁKK originally planned to buy back HUF 5 bln of both the 2016/D and 2016/C bonds.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
