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