ÁKK buys back HUF 42.8 bln of bonds early at reverse auction
The Government Debt Management Agency (ÁKK) bought a combined HUF 42.84 bln of bonds expiring in 2018 before maturity at a reverse auction today, Hungarian news agency MTI reported.
The ÁKK bought back HUF 7.32 bln of 2018/B bonds, which mature on April 25, 2018, accepting all the bids. The average repurchase yield was 0.26%.
The ÁKK also bought back HUF 35.52 bln of 2018/C bonds maturing on June 22, 2018, also accepting all the bids. The average repurchase yield was also 0.26%.
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.