ÁKK exchanged HUF 21.5 bln of bonds at switch auction
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.
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