ÁKK buys back HUF 72 bln of 2017 bonds at auction

Debt

Hungaryʼs Government Debt Management Agency (ÁKK) bought back HUF 71.9 bln of bonds before maturity at a repurchase auction today, Hungarian news agency MTI reported.

Dealers offered HUF 101.6 bln of 2017/C bonds, which mature on December 20, 2017. 

ÁKK originally offered to buy back HUF 5 bln of the securities. 

ÁKK also offered to buy back HUF 5 bln of 2017/A bonds, but cancelled the purchase after dealers produced just HUF 25m of the papers. 

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