ÁKK bought back HUF 3.4 bln of 2017/A bonds, which mature on November 24, 2017. Bids reached HUF 7.2 bln.
Average repurchase yield was 0.89% for the 2017/A bonds, 2 basis points under Tuesdayʼs twelve-month secondary market benchmark and unchanged from the previous repurchase of the bonds held two weeks earlier.
Demand and the early repurchase dropped from the May 11 auction where ÁKK repurchased HUF 17.9 bln 2017/A bonds and HUF 1.17 bln of 2017/B bonds.
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