ÁKK exchanged HUF 21.5 bln of bonds at switch auction

Debt

pixabay

The Government Debt Management Agency (ÁKK) exchanged HUF 21.5 billion of bonds maturing in 2022 and 2023 for ones maturing in 2029 and 2034 at a switch auction on Wednesday, according to a report by state news wire MTI.

ÁKK sold HUF 14.5 bln of 2029/A bonds, accepting 2022/B bonds as payment.

It also sold HUF 7 bln of 2034/A bonds, accepting 2023/C bonds as payment.

ÁKK originally planned to sell HUF 15 bln of the 2029 bonds and HUF 10 bln of the 2034 bonds.

ADVERTISEMENT

The New Age of Commerce is Approaching Analysis

The New Age of Commerce is Approaching

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

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.