ÁKK buys HUF 4.27 bln of bonds at reverse auction, less than planned
The Government Debt Management Agency (ÁKK) bought a combined HUF 4.27 bln of bonds before maturity at a reverse auction today, under the HUF 10 bln plan.
ÁKK bought back HUF 2.27 bln of 2016/D bonds, which mature on December 22, 2016. Bids reached HUF 5.03 bln.
Average yield was 0.25%, 10 bps under the twelve-month secondary market benchmark.
ÁKK bought back HUF 2 bln of 2016/C bonds, which mature on February 12, 2016. Bids came to HUF 12.20 bln.
Average yield was 0.30%, 3 bps under the six-month secondary market benchmark.
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