ADVERTISEMENT

ÁKK buys back HUF 31.69 bln of bonds early at reverse auction

Debt

The Government Debt Management Agency (ÁKK) bought back a combined HUF 31.69 billion of bonds expiring in 2021 before maturity at a reverse auction on Wednesday, Hungarian news agency MTI reports.

ÁKK bought back HUF 3.89 bln of 2021/B bonds, which mature on October 27, 2021, accepting all the bids.

ÁKK also bought back HUF 27.8 bln of 2021/C bonds maturing on April 21, 2021, also accepting all the bids.

The average repurchase yields for the 2021/B bonds was 0% and for the 2021/C bonds 0.01%.

The secondary market 12-month benchmark yield was -0.04%.

ÁKK had planned to buy back HUF 5 bln of all three papers.

Number of Doctors per 10,000 Inhabitants Reaches 44 Figures

Number of Doctors per 10,000 Inhabitants Reaches 44

Karácsony Declared Winner in Budapest Mayoral Race After Rec... Elections

Karácsony Declared Winner in Budapest Mayoral Race After Rec...

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss Deals

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

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.