ADVERTISEMENT

AKK buys back HUF 8.2bn of bonds at reverse auction

Debt

The Government Debt Management Agency (AKK) bought a combined HUF 8.2bn of bonds before maturity at a reverse auction on Wednesday.

AKK bought back HUF 1.45bn of 2012/B bonds, which mature on June 12, 2012. Primary dealers offered HUF 8.9bn.

Average yield was 7.41%, 14bp over the secondary market six-month benchmark.

AKK bought back HUF 6.7bn of 2012/C bonds, which mature on October 24, 2012. Offers came to HUF 15.6bn.

Average yield was 7.54%, 29bp over the twelve-month benchmark on the secondary market.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.