ÁKK buys back HUF 6.7 bln of bonds at reverse auction

Debt

The Government Debt Management Agency (ÁKK) bought back HUF 6.9 bln of bonds before their maturity in 2015 and 2016 at a reverse auction on Wednesday.

Primary dealers offered a combined HUF 14.9 bln of the papers, with offers focusing on the bond expiring in 2016. There were no offers for the early sale of 2015/C bonds expiring next August.

Demand and the repurchases both fell moderately from the previous reverse auction one week earlier. The shortest average repurchase yield fell slightly while the longest yield rose.

ADVERTISEMENT

MBH Bank Introduces MREL-eligible Bonds on BSE Banking

MBH Bank Introduces MREL-eligible Bonds on BSE

Lawmakers to Vote Monday on New President Parliament

Lawmakers to Vote Monday on New President

Wider Margins Lift Magyar Telekom Earnings Telco

Wider Margins Lift Magyar Telekom Earnings

Hungarians Prioritizing Travel Over Renovations This Year Tourism

Hungarians Prioritizing Travel Over Renovations This Year

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.