ÁKK buys back HUF 59.5 bln of bonds at reverse auction
The Government Debt Management Agency (ÁKK) bought back HUF 59.5 billion of bonds before maturity at a reverse auction on Wednesday. ÁKK bought HUF 15.9 billion of 2014/C bonds, which mature on February 12, 2014, at an average yield of 4.19%, 4bp over the secondary market twelve-month benchmark. Primary dealers offered HUF 27.0 billion of the bonds. ÁKK bought HUF 43.6 billion of 2014/D bonds, which mature on August 22, 2014. Average yield was also 4.19%. Offers came to HUF 66.1 billion. Dealers offered HUF 6.4 billion of 2013/E bonds, but ÁKK accepted none.
ADVERTISEMENT
ÁKK Cutting Premiums on PMÁP
Parl't Approves Amendments to Legislation on Judiciary
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.
