ÁKK buys back HUF 84.1 bln of bonds early at reverse auction
Hungary’s Government Debt Management Agency (ÁKK) bought a combined HUF 84.1 bln of bonds expiring in 2018 before maturity at a reverse auction today, according to Hungarian news agency MTI.
The ÁKK bought back HUF 8.53 bln of 2018/B bonds, which mature on April 25, 2018. Bids reached HUF 11.15 bln. The average repurchase yield was 0.36%.
The ÁKK also bought back HUF 75.57 bln of 2018/C bonds maturing on June 22, 2018. Bids reached HUF 76.04 bln. The average repurchase yield was 0.37%.
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