ÁKK buys HUF 11.2 bln of bonds at reverse auction
The Government Debt Management Agency (ÁKK) bought a combined HUF 11.2 bln of bonds before maturity at a reverse auction today, a little more than HUF 1 bln over the announced amount.
ÁKK bought HUF 9.6 bln of 2015/C bonds which mature on August 24, 2015. Bids came to HUF 17.2 bln.
Average yield was 1.54%, 10 bp under the six-month secondary market benchmark.
ÁKK bought back HUF 1.6 bln of 2016/C bonds, which mature on February 12, 2016. Bids reached HUF 4.6 bln.
Average yield was 1.53%, 10 bp under the twelve-month secondary market benchmark.
ADVERTISEMENT
Pick Szeged Sales Climb Over HUF 80 bln in 2022
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.
