ÁKK bought back HUF 49.9 bln of 2017/A bonds, which mature on November 24, 2017, accepting all bids.

Average repurchase yield was 1.12%, 10 bps over the twelve-month secondary market benchmark while down 13 bps from the previous reverse auction of 2017/A bonds on March 2.

ÁKK refused all the HUF 18.7 bln bids it received for the early redemption of 2017/B bonds, which mature on February 24, 2017.

At their previous reverse auction on March 2 ÁKK bought back HUF 22.31 bln of the series at an average yield of 0.91%, 12 bps under the then-effective twelve-month secondary market benchmark.